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Sophmore at Harvard University, Mark Zuckerberg creates Facebook out of his college dorm room. Facebook is a social networking site only available to students at particular colleges and universities.
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Perhaps the most fundamental feature of Facebook is the Wall. Allows each user to post to their own wall and post to other users profile.
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Facebook is now available to anyone over the age of 13yrs old. the 'Newsfeed' is created another major feature of Facebook.
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Program developers are able to launch games, quizzes and photo sharing tools to users. Rise in the Facebook economy.
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Facebook sells 1.6% to Microsoft for $240 million.
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Facebook 2.0: the introduction of Chat. Facebook Chat is a messenger feature that allows users to privately message within the website.
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The 'Like' feature allows the support and validation of posts from other users
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Facebook settles federal charges over security breaches.
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Facebook buys Instagram for (speculated) $740million
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Facebook reaches 1 billion active users
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Initial Public Offering of Facebook = $38 per share.
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10 Year Anniversary of Facebook
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Facebook purchases WhatsApp for $16 billion USD, WhatsApp will, however, operate separately from Facebook.
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Facebook launches live-streaming.
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Shares rise 9% an all-time high of $118 per share
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Facebook reveals it sold $100,000 in ads during 2016.
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Facebook currently has 2.23billion active users worldwide and is the largest social networking site in history.
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Facebook is involved in Cambridge Analylitca Scandal.