Facebook Overview Updated February 13, 2020


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672 'Facebook' stories

December 2010 - February 2020

Facebook is the most popular social media service in the world with 2.32 billion monthly active users as of December 31, 2018. It also averages 1.52 billion daily active users as of December 2018.

Facebook was launched in February of 2004 (as The Facebook) for college students and then rapidly grew as it opened the service to more than those with a .edu email address. It was the subject of the 2010 movie called “The Social Network“.

In 2012, the social media giant offered its IPO and Facebook earned the title of the fastest company to grow to $250 billion market capitalization in the S&P 500.

In recent years, the company has been at the center of attention related to its role in the Russian interference in the 2016 US election. Since then, it’s been a continual stream of negative news for the company. They recently had all of their enterprise certificates for iOS revoked after it was discovered they had repackaged Onavo VPN as a ‘Research’ app and were paying teens $20/month to sneakily sideload it.

In early 2019, CEO Mark Zuckerberg announced a “privacy shift” for the company. He outlined a detailed vision for the future of the social media platform, specifically its messaging services. Notably, in contrast to how the company operates today, he says the future of the platform will be privacy-focused with features like end-to-end encryption, interoperability between its various apps like Facebook, Instagram, and WhatsApp, reducing how long it holds data, secure storage of personal data, and more.

Facebook Stories February 13

Facebook’s experimental projects group, referred to as the NPE Team, has released its latest application today. Dubbed Hobbi, the app is designed as a way to let you document your personal projects and hobbies.

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Facebook Stories February 6

Well-intentioned charities and academics have urged Facebook to halt encryption plans for its messaging apps, citing concerns about child exploitation.

The call was made in a letter to Facebook CEO Mark Zuckerberg in response to the company’s intention to adopt end-to-end encryption to protect user privacy

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Facebook Stories February 4

Facebook gives parents greater oversight over the use of Messenger Kids

Facebook launched Messenger Kids back in 2017, with the aim of allowing parents to ensure that their children aren’t put at risk of inappropriate contact or bullying.

The company today says that it is expanding the parental monitoring tools to provide parents with a better understanding of how their kids are using the app…

Facebook Stories January 31

TSMC says business as usual; Facebook acts on coronavirus hoaxes

Apple A-series chip supplier TSMC has said that production in its Chinese facilities remains on track despite the coronavirus outbreak impacting output at a number of factories in the country…

Facebook Stories January 28

PSA: You can now clear your Facebook history, disconnecting apps and websites

After a delay caused by a court case last year, you’ll now be able to clear your Facebook history – or, more precisely, force Facebook to forget everything it knows about your off-Facebook activity thanks to connections with apps and websites…

Facebook Stories January 9

Facebook’s redesigned web interface with dark mode support rolling out before spring

Almost a year ago, Facebook teased a redesigned version of its web interface with a lighter design, navigation changes, and more. At the time, Facebook didn’t offer details on when “The New Facebook” would be available to everyone, but now the company says to expect the rollout by the start of spring.

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