Facebook Overview Updated July 29, 2021

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December 2010 - July 2021


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 July 29

How to deactivate or delete your Facebook account or change privacy settings on iPhone

Whether you’ve been considering taking a break from Facebook or decided it’s time to leave the platform for good, follow along for how to deactivate or delete your Facebook account, or dial in your privacy settings.

Facebook Stories July 28

Facebook on Wednesday announced its fiscal 2021 second quarter results with $29 billion in revenue, representing a 56% year-over-year growth. With faster growth than Apple and Microsoft during the same period, it seems that Facebook hasn’t been affected by the privacy changes introduced with iOS 14.5 — at least for now.

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Facebook Stories July 27

Facebook published today two articles about how to create a safer experience for young people on Instagram as well as how the company verifies whether someone is the appropriate age required to be on its platforms.

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Facebook Stories July 26

Facebook is getting ready to take the next step with its Oculus virtual-reality headset platform. In an unexpected move, the company has been working to integrate Oculus VR workouts with Apple Health — the app built into iOS that manages all the health data of iPhone and Apple Watch users.

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Facebook Stories July 23

After a lot of back and forth and Apple rejecting Facebook’s standalone iOS app version of its gaming service, the social media platform has followed in the footsteps of Microsoft and launched a web app of its young gaming platform for iPhone and iPad.

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Facebook Stories July 19

Man behind LinkedIn scraping said he grabbed 700M profiles ‘for fun’

Last month we reported a LinkedIn scraping that exposed the data of 700 million users – some 92% of all those on the service. The data included location, phone numbers, and inferred salaries.

The man behind it has now been identified, and says that he did it “for fun” – though he is also selling the data …

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