Facebook quarterly profit rockets despite ad boycott, pandemic
Facebook reported Thursday that its quarterly profit had nearly doubled and users grew despite a boycott by advertisers and the pandemic-induced economic turmoil.
Jul 31, 2020
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Internet
Facebook reported Thursday that its quarterly profit had nearly doubled and users grew despite a boycott by advertisers and the pandemic-induced economic turmoil.
Jul 31, 2020
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Energy & Green Tech
Facebook is building a massive solar farm in West Texas that's believed to be one of the largest solar projects in the nation and the social media giant's first direct investment in renewable energy.
Jun 11, 2019
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Consumer & Gadgets
I don't like the idea of granting my TVs access to Facebook and allowing the social network to install a video camera and microphone in my living room.
Nov 6, 2019
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Internet
Leaked internal documents suggest Facebook—which recently renamed itself Meta—is doing far worse than it claims at minimizing COVID-19 vaccine misinformation on the Facebook social media platform.
Nov 3, 2021
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Internet
Facebook on Friday said it will stop allowing the sale of land in Amazon rainforest conservation areas at marketplaces on the social network or its Instagram and WhatsApp services.
Oct 9, 2021
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Internet
Anticipating questions from users about why they're being tracked by Facebook as Google (Android) and Apple (iOS) release new operating systems, the social network took to a blog post Monday to explain its thinking.
Sep 10, 2019
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Business
US antitrust enforcers have asked a federal court for extra time in refiling a monopoly abuse case against Facebook which could roll back its acquisition of Instagram and WhatsApp, but was thrown out last month.
Jul 26, 2021
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Telecom
In 2013, Facebook and other tech companies launched Internet.org. The idea was to have a global partnership for a unified goal in making the Internet available to billions of people without access.
Internet
Facebook battled dueling crises Monday as potentially billions of users were impacted when its dominant social network went offline for seven hours, and the company fought against a whistleblower's damning revelations.
Oct 4, 2021
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Business
Britain's competition watchdog fined Facebook 50.5 million pounds ($69.4 million) on Wednesday for violating rules during the U.K. investigation into the social media giant's purchase of Giphy.
Oct 20, 2021
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Facebook is a social networking website that is operated and privately owned by Facebook, Inc. Users can join networks organized by city, workplace, school, and region. People can also add friends and send them messages, and update their personal profiles to notify friends about themselves. The website's name stems from the colloquial name of a book given to incoming students at Zuckerberg's high school alma mater, Phillips Exeter Academy. The book shows the faces and names of the school's students and faculty.
Mark Zuckerberg founded Facebook with fellow computer science major students and his roommates Dustin Moskovitz and Chris Hughes while he was a student at Harvard University. Website membership was initially limited to Harvard students, but was expanded to other colleges in the Boston area, the Ivy League, and Stanford University. It later expanded further to include any university student, then high school students, and, finally, to anyone aged 13 and over. The website currently has more than 250 million active users worldwide.
Facebook has met with some controversy over the past few years. It has been blocked intermittently in several countries including Syria, China and Iran, although Iran later unblocked Facebook in 2009. It has also been banned at many places of work to discourage employees from wasting time using the service. Privacy has also been an issue, and it has been compromised several times. Facebook is also facing several lawsuits from a number of Zuckerberg's former classmates, who claim that Facebook had stolen their source code and other intellectual property.
A February 2009 Compete.com study has ranked Facebook as the most used social network by worldwide monthly active users, followed by MySpace.
This text uses material from Wikipedia, licensed under CC BY-SA