Facebook Overview Updated August 11, 2020


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721 'Facebook' stories

December 2010 - August 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 Yesterday

One of the key privacy features in iOS 14 is a new option that allows users to disable tracking between different applications. During its quarterly earnings call last month, Facebook pointed out that the new tracking setting could impact its advertising revenue, and a new report from The Information today goes into more detail.

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Facebook Stories August 7

A Facebook iOS gaming app has been forced to launch without access to any games, thanks to an App Store policy which bans streaming gaming services.

Facebook Gaming on Android allows users to play games, as well as watch the gameplay of popular streamers – but iOS users cannot play games …

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Facebook Stories July 30

iOS 14 introduces a range of features to let users control which data each app can access, including clipboard notifications and also an option to disable tracking between apps. These features are already causing problems for some developers, and Facebook in particular is concerned about its ad business ahead of these changes.

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Twitter shares content moderation plans, highlights contrast with Facebook

On the heels of the US House Judiciary Committee antitrust hearing looking into big tech and also the European Commission working on the Digital Services Act and Democracy Action Plan, Twitter has spoken out today about its two most important goals in supporting an Open Internet. The message also highlights how its moderation approach differs from Facebook.

Facebook Stories July 22

Twitter bans QAnon accounts; Facebook and Instagram check for racial bias

Twitter has announced that it has banned more than 7,000 QAnon accounts, which were being used to threaten and harass critics of Donald Trump, as well as posting disinformation …

Facebook Stories July 10

We noted earlier that we’re again seeing a number of iOS apps crashing as soon as they open, thanks to a bug in the Facebook SDK. Even if you don’t have the Facebook app installed, apps which use this SDK access it when they open, and then promptly crash.

Fortunately, there is an easy fix for now …

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