Facebook Overview Updated November 13, 2017

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December 2010 - November 2017


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 November 13

As it continues to try to grow its Snapchat competitor, Facebook today announced that it is launching support for Stories in Groups and Events. With this new feature, members of a specific Facebook Group or Event will be able to contribute to a Story that’s visible to the rest of the members…

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Facebook Stories November 10

Facebook rebrands Events app as Facebook Local, adds bars, restaurants, more

Facebook today has launched its latest app, Local, as a rebranded and updated version of its previous standalone Events app. The new app brings together businesses, restaurants, bars, and more along with events.

Facebook Stories November 8

Facebook is trialling an interesting new approach to combatting revenge porn, when someone uploads intimate photos of a former partner to the Internet.

The system it is trying would prevent specific photos ever being uploaded to Facebook, Instagram or Messenger – but you do have to privately share them with Facebook first …

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The best 4K & 5K displays for Mac

Facebook Stories October 20

Ahead of the impending launch of Apple Pay Cash in Messages, Facebook and PayPal today announced a new partnership that allows users to send money to each other via Messenger. Today’s announcement is an extension of a partnership between the two companies that began last year….

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Facebook Stories October 19

Facebook rolling out in-app purchases & ads to Instant Games in Messenger

Facebook is ramping up its efforts to attract developers and therefore users to its ‘Instant Games’ feature in Messenger. The company today announced that developers can now add in-app purchases and advertisements to Instant Games, a move that the company hopes will make Messenger a more attractive platform…

Facebook is introducing a new way for publishers to monetize content using its Instant Articles format, but the feature won’t be coming to iOS anytime soon according to Recode. That’s because the service will require a paid subscription, and Apple wants its usual cut for revenue generated through the App Store.

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