Facebook Overview Updated January 16, 2018

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December 2010 - January 2018


Facebook is the most popular social media service in the world with more than 2 billion monthly active users as of June 2017.

Facebook was launched in February of 2004 for college students and then rapidly grew as it opened the service to more than those with a .edu email address.

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.

Facebook’s founder, Mark Zuckerberg has shared that it’s not enough to connect the world, the social media service also needs to bring the world closer together. One of its recent efforts to do so is the “Good Adds Up” campaign.

Facebook Stories Yesterday

Facebook promises to ‘massively simplify and streamline cluttered Messenger app’

Facebook’s messaging lead has acknowledged that the Messenger app has become ‘too cluttered.’ The company’s VP of messaging products, David Marcus, promised a major simplification of the app this year …

Facebook Stories January 11

Facebook has announced a significant overhaul of its News Feed that it says will help in “bringing people closer together.” The update, detailed in a blog post, will rollout over the next few months…

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Facebook today has closed another major licensing deal, this time with Global Music Rights, giving the social media giant access to hits from Pharrell, Drake, and more. Facebook also signed a deal earlier this week with Sony/ATV, bolstering its content offerings.

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Facebook Stories January 10

As it continues its quest to offer more informative and useful information to users, Facebook appears to be testing a new feature that would offer users city-specific news, events, and more. As reported by TechCrunch, Facebook is calling this feature “Today In” and testing it in select markets…

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Facebook Stories December 21, 2017

Universal Music Group and Facebook sign multi-year licensing agreement

Music giant Universal Music Group has today announced a new “multi-year” licensing agreement with Facebook that will expand across the social company’s product line. The move will soon bring UMG’s music catalog to Facebook, Instagram, and Oculus. The news follows a similar agreement made between UMG and YouTube earlier this week.

Facebook Stories December 16, 2017

Facebook has announced a new feature for News Feed that it says will give users more control over the content they see. In a blog post, the company detailed a new capability called Snooze. Essentially, this feature lets you temporarily unfollow a person, page, or group…

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