Facebook, Inc. (FB)
Facebook, Inc. (FB), is an American multinational technology company. It was founded in 2004 as The Facebook by Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes, roommates and students at Harvard College. The social networking service eventually became Facebook, reaching 2.9 billion monthly users by 2021.
The company acquired Instagram in 2012, then WhatsApp and Oculus in 2014. It is one of the world’s most valuable companies and is considered one of the Big Five companies in U.S. information technology, alongside Google, Apple, Microsoft and Amazon. The company generates substantially all of its revenue by selling advertisements.
Furthermore, Facebook offers other products and services. For example Facebook Messenger, and Facebook Watch. It has also acquired Giphy and Mapillary and has a 9.99% stake in Jio Platforms.
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