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What is Facebook
Facebook is a social networking website to get connected with our friends and family. Facebook allows us to create profiles, send messages, and upload videos and photos. We can do only this if we are registered on Facebook. By using Facebook, we can keep in touch with our family, friends, and colleagues. We can do the following things on Facebook:
- We can establish our Timeline on Facebook. Timeline is an ongoing history of our life.
- We can connect our timeline to the timeline of our family, friends, and relative.
- We can communicate with our friends.
- We can share our thoughts.
- We can also share our pictures.
- We can plan the events on Facebook.
- We can join the groups to get more knowledge.
- We can also promote a cause or business.
Facebook was founded by Mark Zuckerberg, Dustin Moskovitz, Eduardo Saverin, and Chris Hughes in 2004. In 2004, all these inventors were students and studying at Harvard University. There is a total of 2.50 billion monthly active users as of December 2019. Facebook opened to everyone by September 2006 with an email address, and the user age should be 18 or older. There is a total of 37 different languages available on Facebook with the following features:
- We can manage our friend list and can choose privacy settings for who can see content on our Facebook profile.
- We can upload photos and maintain photo albums. It can be shared with our friends on Facebook.
- The interactive online chat is supported by Facebook.
- We can comment on our friend’s profile pages to keep in touch, to say “hi or share information”.
- Businesses use Facebook as a vehicle for social media marketing because it supports business pages, fan pages, and group pages.
- Facebook has a developer network that delivers monetization and advanced functionality options.
- Facebook allows us to stream video live using Facebook Live.
Facebook acquired 82 companies, including Instagram and WhatsApp. Instagram was launched on 6 October 2010 by Kevin Systorm. After seeing the success of Instagram, Facebook bought it in 2012 for $1bn (74,66,00,00,000.00 Indian Rupee). The client application of WhatsApp was acquired by Facebook in 2014 for 19 billion US dollars.
The basic no-frills profile on Facebook includes the following:
- A place for a profile picture
- Contact information and “About You” space
- The Wall
A place where friends can publicly post comments for us. - Status update
Where we can tell our friends how we are or what we are doing. - News Feed
Regularly updated information about our friends, groups they’ve joined, applications, or friends they have added, changes to their profiles. - A space for uploading photos and videos.
Below is a table showing all the companies acquired by Facebook, their location, acquired date, cost, etc.
| Number | Company | Location | Acquired on | Acquired for (US $) |
|---|---|---|---|---|
| 1 | facebook.com domain name | USA, Boston, Massachusetts | 23 August 2005 | 200,000 |
| 2 | ParaKey | USA, Mountain View, California | 19 July 2007 | – |
| 3 | ConnectU | USA, Cambridge, Massachusetts | 23 June 2008 | 31,000,000 |
| 4 | FriendFeed | USA, Mountain View, California | 10 August 2009 | 47,500,000 |
| 5 | Octazen | Malaysia, Taman Melawati, Kuala Lumpur | 19 February 2010 | – |
| 6 | Divvyshot | USA, San Francisco, California | 2 March 2010 | – |
| 7 | Friendster patents | USA, Mountain View, California / Malaysia, Kuala Lumpur | 13 May 2010 | 40,000,000 |
| 8 | ShareGrove | USA, San Mateo, California | 26 May 2010 | – |
| 9 | Zenbe | USA, New York, NY, New York | 6 July 2010 | – |
| 10 | Nextstop | USA, San Francisco, California | 8 July 2010 | 2,500,000 |
| 11 | Chai Labs | USA, Mountain View, California | 15 August 2010 | 10,000,000 |
| 12 | Hot Potato | USA, Brooklyn, New York | 20 August 2010 | ~10,000,000 |
| 13 | Drop.io | USA, Dumbo, Brooklyn, New York | 29 October 2010 | ~10,000,000 |
| 14 | FB.com domain name | The USA, Washington, DC. | 15 November 2010 | 8,500,000 |
| 15 | Rel8tion | The USA, Seattle, Washington | 25 January 2011 | Undisclosed |
| 16 | Beluga | The USA, Palo Alto, California | 2 March 2011 | Undisclosed |
| 17 | Snaptu | Israel, Tel Aviv | 20 March 2011 | 70,000,000 |
| 18 | RecRec | USA, San Francisco, California | 24 March 2011 | Undisclosed |
| 19 | DayTum | USA, SoHo, New York City | 27 April 2011 | Undisclosed |
| 20 | Sofa | Netherlands, Amsterdam | 9 June 2011 | Undisclosed |
| 21 | MailRank | USA, New York, New York | 9 June 2011 | Undisclosed |
| 22 | Push Pop Press | USA, San Francisco, California | 2 August 2011 | Undisclosed |
| 23 | Friend.ly | USA, Mountain View, California | 10 October 2011 | Undisclosed |
| 24 | Strobe | USA, San Francisco, California | 8 November 2011 | Undisclosed |
| 25 | Gowalla | USA, Austin, Texas | 2 December 2011 | – |
| 26 | Caffeinatedmind | USA, California | 20 February 2012 | – |
| 27 | USA, San Francisco, California | 9 April 2012 | 1,000,000,000 | |
| 28 | Tagtile | USA, San Francisco, California | 13 April 2012 | Undisclosed |
| 29 | Glancee | USA, San Francisco, California | 5 May 2012 | Undisclosed |
| 30 | Lightbox.com | UK, London, England | 15 May 2012 | Undisclosed |
| 31 | Karma | USA, San Francisco, California | 21 May 2012 | Undisclosed |
| 32 | Face.com | Israel, Tel Aviv | 18 June 2012 | 100,000,000 |
| 33 | Spool | USA, San Francisco, California | 14 July 2012 | Undisclosed |
| 34 | Acrylic Software | Canada, Vancouver, British Columbia | 20 July 2012 | Undisclosed |
| 35 | Threadsy | USA, San Francisco, California | 24 August 2012 | Undisclosed |
| 36 | Atlas Solutions | USA, Seattle, Washington | 28 February 2013 | <100,000,000 |
| 37 | Osmeta | USA, Mountain View, CA | March 2013 | – |
| 38 | Storylane (Mixtent) | USA, Palo Alto, CA | March 2013 | – |
| 39 | Hot Studio | USA, New York, New York, San Francisco, California | 14 March 2013 | – |
| 40 | Spaceport | USA, Burlingame, California | 23 April 2013 | – |
| 41 | Parse | USA, San Francisco, California | 25 April 2013 | 85,000,000 |
| 42 | Monoidics | UK, London, England | 18 July 2013 | – |
| 43 | Jibbigo | USA, Pittsburgh, Pennsylvania | 12 August 2013 | – |
| 44 | Onavo | Israel, Tel Aviv | 13 October 2013 | – |
| 45 | SportStream | USA, San Francisco, California | 17 December 2013 | – |
| 46 | Little Eye Labs | India, Bengaluru, Karnataka | 8 January 2014 | 15,000,000 |
| 47 | Branch | USA, New York, New York | 13 January 2014 | 15,000,000 |
| 48 | USA, Mountain View, California | 19 February 2014 | 19,000,000,000 | |
| 49 | Oculus VR | USA, Irvine, California | 25 March 2014 | 2,000,000,000 |
| 50 | Ascenta | UK, Somerset, England | 27 March 2014 | 20,000,000 |
| 51 | ProtoGeo Oy | Finland, Helsinki | 24 April 2014 | Undisclosed |
| 52 | PrivateCore | USA, Palo Alto, California | 7 August 2014 | Undisclosed |
| 53 | LiveRail | USA, San Francisco, California | 14 August 2014 | 400,000,000 – 500,000,000 |
| 54 | WaveGroup Sound | USA, Burlingame, California | 26 August 2014 | Undisclosed |
| 55 | Wit.ai | USA, Palo Alto, California | 6 January 2015 | Undisclosed |
| 56 | Quickfire Networks | USA, San Diego, California | 8 January 2015 | Undisclosed |
| 57 | TheFind, Inc. | USA, Mountain View, California | 14 March 2015 | Undisclosed |
| 58 | Surreal Vision | UK, London, England | 26 May 2015 | Undisclosed |
| 59 | Endaga | US, Oakland, California | 3 October 2015 | Undisclosed |
| 60 | Pebbles | Israel, Kfar Saba | 16 July 2015 | 60,000,000 |
| 61 | MSQRD (Masquerade) | Belarus, Minsk | 9 March 2016 | Undisclosed |
| 62 | Two Big Ears | UK, Scotland | 23 May 2016 | Undisclosed |
| 63 | Nascent Objects | US, California | 19 September 2016 | Undisclosed |
| 64 | Infiniled | Ireland, Cork | 10 October 2016 | Undisclosed |
| 65 | CrowdTangle | USA | 11 November 2016 | Undisclosed |
| 66 | Faciometrics | USA, Pittsburgh, Pennsylvania | 16 November 2016 | Undisclosed |
| 67 | Zurich Eye | Switzerland | November 2016 | Undisclosed |
| 68 | Ozlo | USA, Palo Alto, California | 31 July 2017 | Undisclosed |
| 69 | Fayteq AG | Germany | August 2017 | Undisclosed |
| 70 | tbh | USA, Oakland, California | 16 October 2017 | Undisclosed |
| 71 | Confirm | USA, Boston, Massachusetts | 23 January 2018 | Undisclosed |
| 72 | Bloomsbury AI | UK?London | July 2018 | 30,000,000 |
| 73 | Redkix | Israel, Tel Aviv | 26 July 2018 | 100,000,000 |
| 74 | Vidpresso | USA, Ogden, Utah | 13 August 2018 | Undisclosed |
| 75 | Dreambit | Israel | November 2018 | Undisclosed |
| 76 | Chainspace | UK, London | February 2019 | – |
| 77 | GrokStyle | USA, San Francisco, California | 8 February 2019 | Undisclosed |
| 78 | Servicefriend | Israel, Tel Aviv | September 2019 | Undisclosed |
| 79 | CTRL-labs | USA, New York City, New York | September 2019 | undisclosed, but reportedly between $500 million and $1 billion |
| 80 | Packagd | USA, San Francisco, California | September 2019 | Undisclosed |
| 81 | Beat Games | Czech Republic, Prague | November 2019 | Undisclosed |
| 82 | PlayGiga | Spain, Madrid | December 2019 | 70,000,000 |
| 83 | Sanzaru Games | USA, Foster City, California | February 2020 | Undisclosed |
| 84 | Giphy | USA, San Francisco, New York | 15 May 2020 | 400,000,000 |
| 85 | Mapillary | Sweden, Malmö | 18 June 2020 | – |
| 86 | Ready at Dawn | USA, Irvine, California | 22 June 2020 | Undisclosed |
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