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e. Facebook is a social networking service originally launched as TheFacebook on February 4, 2004, before changing its name to simply Facebook in August 2005. [ 1] It was founded by Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. [ 2]
The technology company Facebook, Inc., [a] held its initial public offering (IPO) on Friday, May 18, 2012. [1] The IPO was one of the biggest in technology and Internet history, with a peak market capitalization of over $104 billion.
Facebook provides a development platform for many social gaming, communication, feedback, review, and other applications related to online activities. This platform spawned many businesses and added thousands of jobs to the global economy. Zynga Inc., a leader in social gaming, is an example of such a business.
Facebook announced in an SEC filing that founder and CEO Mark Zuckerberg now owns 29.3 percent of Facebook shares (NASDAQ:FB), up from a 28.2 percent stake on the day of the IPO. With 632.7 ...
This week Facebook raised the price range of the offering from a range of $28 to $35. Then the company increased the size of the offering from selling shareholders. The Menlo Park, Calif. company ...
Zuckerberg noted that he believes a big part of this eventual success was the fact that the company started out with relatively small ambitions — starting out only at Harvard, expanding slowly ...
Justin Sullivan via Getty Images. It’s been 20 years since Mark Zuckerberg first brought thefacebook.com online from his dorm room. What happened next has been endlessly documented: the Harvard ...
Meta Platforms, Inc., [10] doing business as Meta, [11] and formerly named Facebook, Inc., and TheFacebook, Inc., [12] [13] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. [14]