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Presented By Akhil Jain (facebook.com/akj.iet.33)

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Presentation on theme: "Presented By Akhil Jain (facebook.com/akj.iet.33)"— Presentation transcript:

1 Presented By Akhil Jain (facebook.com/akj.iet.33)

2 So what’s all the hype? FACEBOOK
Create a page, share picture, messages and videos Share interest, exchange private & public messages and join groups! Create your own advertisement. Connect with friends and make new friends around world

3 Beginning: A revolutionary Invention
Facebook was founded by Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. Facebook was written in php, C++, and java. It was launched on 04 Feb 2004 only for Harvard students as thefacebook.com Within 6 days, a case was filed against Facebook by Cameron Winklevoss, Tyler Winklevoss and Divya Narendra.

4 The journey FEB 4 Facebook makes online debut MICROSOFT bought 1.6% shares for $250 million And fb became $15 million company 2004 2005 2006 2007 2008 2009 2010 Facebook expands over 800 colleges Facebook opens to all users aged 13 or older Ranked as most used social networki-ng site JUNE Sean Parker became president YAHOO offered $1 billion while MTV offered $1.5 billion Facebook introduced photo tagging and Newsfeed Facebook launches Facebook ads 500 million Facebook users

5 The journey(continue…)
Facebook filed for initial public offering (ipo) on feb 1 Facebook became $41 million dollar company Currently 1.86 billion active users 2011 2012 2013 2014 2015 2016 2017 Facebook bought whatsapp for $19 billion cash and stocks Lawsuit was filed against it by Rambrendt social media for patents involving like button Facebook announced its app center operating through site Facebook introduced Facebook Graph search and clickable hashtags Facebook launched reactions instead of like button

6 Revenue Daily active users Daily revenue 1.23 billion $ 2.13 million
Monthly active users Monthly revenue $0.64 billion 1.86 billion Facebook.com is worth $58.6 billion

7 Mergers and Acquistions
On august 23, 2005 facebook bought facebook.com for $0.2 million. On November 15, 2010 facbook bought fb.com for $8.5 million. On April 9, 2012 facbook bought photo sharing app instagram for $1 billion. On Feb 19, 2014 facbook bought mobile messaging app Whatsapp for $19 billion. Facebook also bought other technologies and apps like Oculus VR, snapchat like MSQRD, Faciomatrics etc.

8 Facebook 2026 Mark Zuckerberg’s vision-
Bringing world online-make the world more open and connected Artificial Intelligence Facebook’s bet on virtual reality

9 Criticism and Controversies
ConnectU.com Lawsuit –filed by Winklevoss brothers and Divya Narendra, settled for $65 million in 2008 Paul Ceglia vs fb- claimed 84% ownership, filed lawsuit on june 30, 2010 Terms of use controversy- Feb 4, 2009-"Do anything they want with your content”. Lawsuits over privacy- Quit facebook day Unauthorized wall posting bug Free basics controversy in India

10 THANK YOU For queries contact- Mark Zuckerberg (facebook.com/4)


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