San Francisco, CA
Facebook celebrates its 10 year birthday today and a lot has changed from when it was thefacebook.com and was started in a Harvard dorm room. 10 year later Facebook has 1.2 billion users, $150 billion in market capitalization and over $8 billion in annual revenue. Facebook founder Mark Zuckerberg has accumulated an estimated net worth of $30 billion as well.
And in those 10 years, it has accomplished some significant feats, for example:
In 2013 mobile advertising overtook desktop advertising for the first time, mean Facebook made more money on mobile ads on its app than it made on ads on its regular website.
The three largest digital advertisers, in order, are now Google, Facebook, and Yahoo.
The majority of adults now visit Facebook every day, and the percent of adults is still growing, but teenager growth is slowing. Want to know how much time you spend/waste on Facebook?
Facebook bought Instagram in 2012 for $1 billion.
Facebook is listed among websites the NSA can access users personal information from and Mark Zuckerberg accuses the government of creating a false scandal for Facebook and a PR nightmare.
Facebook joins Apple, Google, Yahoo, and Microsoft to begin resisting government spying activities and secrecy rules about “national security requests”.
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