FACEBOOK MOST USED SOCIAL MEDIA APLICATION.

July 28, 2020 By Swapnil Suryawanshi


Facebook – Wikipediaen.wikipedia.org › wiki › Facebook

Facebook (stylized as facebook) is an American online social media and social networking … After registering, users can create a profile revealing information about themselves. They can post text, photos and multimedia which is shared with …Launched‎: ‎February 4, 2004; 16 years agoParent‎: ‎Facebook, Inc.Users‎: ‎2.50 billion monthly active users (As of …Available in‎: ‎111 languages

Facebook

Social media company

Facebook, Inc. is an American social media conglomerate corporation based in Menlo Park, California.

CEOMark Zuckerberg (4 Feb 2004–)Stock priceFB (NASDAQ) US$233.50 +2.79 (+1.21%)
27 Jul, 4:00 pm GMT-4 – DisclaimerFounded: February 2004, Cambridge, Massachusetts, United StatesHeadquartersMenlo Park, California, United StatesCFODavid WehnerRevenue: 7,069.7 crores USD (2019)FoundersMark ZuckerbergAndrew McCollumEduardo SaverinDustin MoskovitzChris HughesSubsidiariesWhatsAppOnavoLiveRailOculus VRPrivateCoreMORE.

Which is better FB or FB Lite :

User Interface: The Facebook main app has a smoother UI and high-quality images. With that, the app consumes more data while the Lite version is the opposite. Chat: Chat is available on the Lite version while the user has to download the Messenger app when using the main Facebook app.

The Facebook company builds technologies that give people the power to connect with friends and family, find communities and grow businesses.

We believe in the potential
of people when they can
come together.

Facebook, Inc. is an American social media conglomerate corporation based in Menlo Park, California. It was founded by Mark Zuckerberg, along with his fellow roommates and students at Harvard College, who were Eduardo SaverinAndrew McCollumDustin Moskovitz and Chris Hughes, originally as TheFacebook.com—today’s Facebook, a popular global social networking website. Facebook is one of the world’s most valuable companies. It is considered one of the Big Five technology companies along with MicrosoftAmazonApple, and Google.

History

Further information: History of Facebook and Initial public offering of FacebookBillboard on the Thomson Reuters building welcomes Facebook to NASDAQ, 2012Chart of Facebook’s stock

Facebook filed for an initial public offering (IPO) on February 1, 2012. The preliminary prospectus stated that the company was seeking to raise $5 billion. The document announced that the company had 845 million active monthly users and its website featured 2.7 billion daily likes and comments.  After the IPO, Zuckerberg would retain a 22% ownership share in Facebook and would own 57% of the voting shares.

Billboard on the Thomson Reuters building welcomes Facebook to NASDAQ, 2012.

Structure :

Management

Facebook’s key management personnel consists of:

As of September 30, 2019, Facebook had 43,030 employees.

Facilities

Offices :

Users outside of the US and Canada contract with Facebook’s Irish subsidiary “Facebook Ireland Limited”. In return, This allows Facebook to avoid US taxes for all users in Europe, Asia, Australia, Africa and South America. Facebook is making use of the Double Irish arrangement which allows it to pay just about 2–3% corporation tax on all international revenue.  In 2010, Facebook opened its fourth office, in Hyderabad India.

Data centres

As of 2019 the company operated 16 data centre locations. Facebook committed to purchase 100 percent renewable energy and reduce its greenhouse gas emissions by 75 percent by 2020. Data center technologies include Fabric Aggregator, a distributed network system that accommodates larger regions and varied traffic patterns.

Board of directors

In April 2019, Facebook nominated Peggy Alford to be added as a board member during the May 2019 AGM. If this happens, she will become the first African-American woman to serve in this board, and the second African-American ever to do so. As of April 2019, Facebook’s board consists of the following directors;

Entrance to Facebook headquarters complex in Menlo Park, California

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