Facebook Overview Updated November 9, 2021


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931 'Facebook' stories

December 2010 - August 2022

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.

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Facebook Stories August 12

Apple and Facebook have a long-running public feud, based primarily on the latter’s collection and use of personal information. A new report from The Wall Street Journal today goes in-depth on this battle, with the interesting tidbit that Apple once proposed a deal with Facebook to get a cut of its revenue.

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Facebook Stories August 11

One of the more annoying things some apps do is incorporate their own in-app browser, opening that for web links instead of respecting your chosen default browser.

This has long been a nuisance, but a developer has now explained the security risks of doing so, especially when dealing with companies not noted for their privacy standards – like Facebook

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Facebook Stories July 28

Yesterday, Facebook/Meta reported its first-ever quarterly revenue drop. While the company highlighted challenges faced by US companies as well as worries of recession, Wall Street analysts believe TikTok’s competition and Apple’s privacy changes are a concern for the company in the near term.

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Facebook Stories July 25

Facebook’s Music Revenue Sharing gives creators new ways to make money through videos

Facebook is introducing a new way for creators to earn money on the platform. Called Music Revenue Sharing, creators can monetize their videos that use licensed music from popular and emerging artists. With this, both the content creators and music rights holders can earn money from the videos.

Facebook Stories July 21

Remember Facebook? The social media network you used to connect with friends and family members to know what they are up to, how their vacation was, or even play some Farmville? Well, it seems the company is trying to find itself again with its new Feeds tab.

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Facebook Stories July 14

Facebook has been thinking of new ways to keep its users engaged with the platform. This time, the social network owned by Mark Zuckerberg announced that it will soon let users have multiple profiles linked to the same account. But is this really necessary?

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Facebook Stories June 29

Developers working on VR apps for Meta’s headsets have accused the Facebook owner of hypocrisy over commissions.

They say company founder Mark Zuckerberg described Apple’s 15-30% commissions as “monopoly rents,” yet Meta will take the exact same cuts from them for virtual reality apps …

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Facebook Stories June 28

Meta pushing Facebook Groups with new organization and discovery features

In an update today, Meta is introducing new ways to organize and quickly access Facebook Groups. These features help admins and members stay on top of their community engagements.

Facebook Stories June 26

Facebook Watch is a dedicated app for watching Facebook videos and livestreams on TVs. However, Apple TV users will no longer have access to the platform as Facebook seems to have discontinued the Facebook Watch app for tvOS.

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Facebook Stories June 21

Meta extends cut-free revenue for Facebook and Instagram creators until 2024

Since the early days of the COVID-19 pandemic, Meta announced that it wouldn’t take a cut of creators’ revenue on Facebook and Instagram as a measure to help small businesses. The company first announced the cut-free revenue would last “for at least the next year,” but now it has confirmed that the benefit will extend until 2024.

Facebook Stories June 15

A leaked Meta internal memo from late April reveals the plan to entirely transform Facebook’s feed to become more TikTok-like. In addition, the company’s executives want to reintegrate Messenger back into Facebook’s main app, revealed a report.

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Facebook Stories June 10

It’s no secret that the relationship between Apple and Meta is strained, with the two companies routinely criticizing one another. Even Tim Cook and Mark Zuckerberg have taken jabs at each other in public and in private. Despite Zuckerberg’s hatred of Apple, however, it seems that even he can’t resist using a MacBook.

But Meta doesn’t want you to know that …

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Facebook Stories June 9

Last year, 9to5Mac reported that Meta was working on a new smartwatch with built-in camera to compete with the Apple Watch. Now, the Facebook-parent company has halted development of this wearable as it focuses on the metaverse.

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Facebook Stories June 2

Facebook Messenger adds Call tab to boost voice and video calls with friends and family

After a handful of new features being announced in these past weeks, Facebook Messenger is adding another important function for its users. Now, the app will have a proprietary Call tab to boost voice and video calls with friends and family.

Facebook Stories May 28

The Facebook app is now missing one of the most-used system-level features of iOS. As spotted by many Facebook users and confirmed by 9to5Mac, the dark mode option in Facebook for iOS has disappeared without explanation. While this is likely a bug, Facebook has not acknowledged the issue or provided a timeline on a fix.

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Facebook Stories May 27

Mark Zuckerberg’s company Meta, formerly known as Facebook, has rewritten its Terms of Service and, as a result, has also updated Meta’s Privacy Policy. Now the company proudly says that it won’t collect user data “in new ways” – but what’s that supposed to mean?

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Facebook Stories May 26

In 19 pages of comments for a federal agency’s report on the app ecosystem, Meta is once again slamming Apple’s overwhelming market power. These comments are to the National Telecommunications and Information Administration (NTIA) in a report on competition in the mobile app ecosystem. This report is part of the Biden Administration’s effort to crack down on tech giants’ power.

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Facebook Stories May 13

Meta Pay is the new Facebook Pay as company chases identity and digital goods features

A new blog post from Stephane Kasriel, Meta’s head of fintech, states that Facebook Pay is adopting the Meta branding. Soon to be Meta Pay – the refresh is working on enhancing the online payment experience.

Facebook Stories May 5

Facebook on Thursday began informing users that Nearby Friends and other location-based features will soon be discontinued at the end of the month. While the reasons are currently unclear, the company claims that all information related to these features will be deleted from Facebook’s servers.

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A “massive” Facebook hiring freeze has been announced, which the company says will affect “almost every team across the company.”

Parent company Meta told employees that four factors were behind the decision, and that Apple’s introduction of App Tracking Transparency was the first of these …

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Facebook Stories May 2

A year after announcing podcasts and other audio initiatives literally everywhere on its platform, Facebook is now backing out of the business, according to a report by Bloomberg. Starting June 3, podcasts won’t be available on Zuckerberg’s social media anymore.

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Facebook Stories April 27

We learned last month that Apple was tricked into releasing personal data to hackers, after they posed as law enforcement officials with emergency data requests. A follow-up report reveals that some of this data was used to sexually extort minors.

The latest report also sheds light on how the hackers were able to fool Apple and other tech giants, including Facebook, Google, Snap, Twitter, and Discord …

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Facebook Stories April 26

Facebook has always been involved in some privacy controversy, since the company explicitly has a business model based on selling user data. However, a new leaked document suggests that things there may be much worse than we ever imagined.

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Facebook Stories April 25

Meta announces its first retail store as it wants more people to join the metaverse

Meta, Mark Zuckerberg’s company that owns Facebook, is taking the next step in promoting its products. Starting next month, Meta will have its own retail store so that customers can get a closer look at the metaverse.

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