Facebook Overview Updated May 14, 2018

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December 2010 - May 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 May 14

Facebook suspends 200 apps in data misuse investigation, says they may not be guilty

Facebook has suspended around 200 apps as part of the internal investigation prompted by data misuse by Cambridge Analytica …

Facebook Stories May 8

Twitter appears to be working on supporting encrypted direct messages, with a feature currently labelled Secret Conversations. A computer science student spotted code which supports the use of end-to-end encryption …

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Facebook Stories May 7

WhatsApp gains special integration with Facebook & Instagram videos, new group admin features

WhatsApp for iOS has been updated with new features that help bridge the gap between it and other Facebook-owned applications. The new version also includes new features for group chats…

Facebook Stories May 4

Facebook is actively exploring the possibility of offering a subscription-based option which would remove ads from the feeds of those choosing to pay a monthly or annual fee …

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Facebook Stories May 3

Cambridge Analytica filing for bankruptcy after Facebook scandal, but may re-emerge

Facebook may have taken a huge PR hit from allowing personal data to be misused by Cambridge Analytica, but the impact on the political consultancy itself appears to have been more significant. The firm says that it has ceased most operations, and is filing for bankruptcy …

Facebook Stories May 1

At today’s F8 developer conference from Facebook, the company is focusing on privacy along with  announcing some upcoming products like FaceTime competitors, a Tinder clone, and more.

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