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Timeline of Facebook

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This is an old revision of this page, as edited by 212.60.107.200 (talk) at 06:32, 31 July 2012 (→‎2012: added citation needed tag regarding compulsory use of the timeline format). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

This is a timeline of Facebook.

Timeline

2003

2004

2005

  • May 26, 2005: Accel Partners invests $13 million into Facebook.[8]
  • July 19, 2005: News Corp acquires MySpace, spurring rumors about the possible sale of Facebook to a larger media company.[13]
  • August 23, 2005: Facebook acquires Facebook.com domain for $200,000.[8]
  • September 2005: Added high school networks[14]
  • October 2005: Added international school networks and added photos[14]

2006

  • 2006: A leaked cash flow statement shows that Facebook had a net loss of $3.63 million for the 2005 fiscal year.[15]
  • March 28, 2006: A potential acquisition of Facebook is reportedly under negotiations, for $750 million first, then later $2 billion.[16]
  • September 2006: Facebook discusses with Yahoo! about the latter possibly acquiring the former, for $1 billion.[16]
  • September 2006: Facebook launches a high school version of the website.[17]
  • September 26, 2006: Facebook is open to everyone aged 13 and over, and with a valid email address.[18]

2008

  • June 2008: Facebook settles both lawsuits, ConnectU vs Facebook, Mark Zuckerberg et al. and intellectual property theft, Wayne Chang et al. over The Winklevoss Chang Group's Social Butterfly project. The settlement effectively had Facebook acquiring ConnectU for $20 million in cash and over $1.2 million in shares, valued at $45 million based on $15 billion company valuation.[19]
  • August 2008: Employees reportedly privately sell their shares to venture capital firms, at a company valuation of between $3.75 billion to $5 billion.[20]
  • October 2008: Facebook sets up its international headquarters in Dublin, Ireland.[21]

2009

  • August 2009: Facebook acquires FriendFeed.[22]
  • September 2009: Facebook claims that it has turned cash flow positive for the first time.[23]

2010

  • February 2010: Facebook acquires Malaysian contact-importing startup Octazen Solutions.[24]
  • April 2, 2010: Facebook announces the acquisition of photo-sharing service called Divvy-shot for an undisclosed amount.[25]
  • April 19, 2010: Facebook introduces Community Pages, which are Pages that are populated with articles from Wikipedia.[26]
  • April 21, 2010: Facebook introduces Instant Personalization, starting with Microsoft Docs, Yelp, and Pandora.[27]
  • June 2010: Facebook employees sell shares of the company on SecondMarket at a company valuation of $11.5 billion.[28]
  • October 1, 2010: The Social Network, a film about the beginnings of Facebook directed by David Fincher is released. The film is met with widespread critical acclaim as well as commercial success; however, Mark Zuckerberg says that the film is a largely inaccurate account of what happened.

2011

  • January 2011: $500 million is invested into Facebook for 1% of the company, placing its worth at $50 billion.[29]
  • February 2011: Facebook adds new "civil union" option for gay partnerships.[30]
  • February 2011: Facebook application and content aggregator Pixable estimates that Facebook will host 100 billion photos by summer 2011.[31]
  • June 2011: Facebook partners with Skype to add video chat.[32]
  • September 2011: Facebook partners with Heroku for Facebook application development using the Facebook Platform.[33]
  • September 22, 2011: Facebook launches new UI Timeline in F8 Convention.
  • October 10, 2011: Facebook launches iPad app.[34]
  • December 21, 2011: Facebook log in page changes due to Facebook Timeline addition.
  • December 22, 2011: Facebook launches its new profile user interface, Facebook Timeline.

2012

  • April 2012: Facebook acquires picture sharing and social network, Instagram, for $1 billion, the largest acquisition to date.
  • May 2012: Facebook IPO, initial price set at $38 a share, and the stock closed at $38.23 on its first trading day.
  • July 2012: Facebook adds same-sex couples as icons for marriage.
  • July 2012: Facebook make the use of the new timeline format compulsory.[citation needed]

References

  1. ^ Tabak, Alan J. (February 9, 2004). "Hundreds Register for New Facebook Website". Harvard Crimson. Archived from the original on 2005-04-03. Retrieved 2008-11-07.
  2. ^ Kim-Mai Cutler (2010-07-20). "Zuckerberg had a contract with man suing for 84% ownership of Facebook". VentureBeat. Retrieved 2012-02-09.
  3. ^ "Mark Zuckerberg's Faceoff with Harvard Grad Trio.. AGAIN." facecrooks.com. 2011-01-12. Retrieved 2012-02-09.
  4. ^ Seward, Zachary M. (2007-07-25). "Judge Expresses Skepticism About Facebook Lawsuit". The Wall Street Journal. Retrieved 2008-04-30.
  5. ^ Author, Guest (2009-05-10). "Did Mark Zuckerberg's Inspiration for Facebook Come Before Harvard?". Readwriteweb.com. Retrieved 2012-02-09. {{cite web}}: |last= has generic name (help)
  6. ^ "Phillips Exeter Academy | Face-to-Face with Mark Zuckerberg '02". Exeter.edu. 2007-01-24. Retrieved 2012-02-09.
  7. ^ a b "Press Room". Facebook. 2007-01-01. Retrieved 2008-03-05.
  8. ^ a b c d Owen Thomas (2007-07-20). "A brief history of Mark Zuckerberg's legal woes". ValleyWag.
  9. ^ "Why you should beware of Facebook". The Age. 2008-01-20. Retrieved 2008-04-30.
  10. ^ Rosen, Ellen (2005-05-26). "Student's Start-Up Draws Attention and $13 Million". The New York Times. Retrieved 2009-05-18.
  11. ^ Alan J. Tabak (2004-08-13). "Zuckerberg Programs New Website". Harvard Crimson.
  12. ^ "Facebook: 10 milestones on the way to social success". The Daily Telegraph. London: Telegraph Media Group. October 7, 2010. ISSN 0307-1235. OCLC 6412514. Archived from the original on May 26, 2012. Retrieved May 26, 2012. {{cite news}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  13. ^ "News Corp in $580 m internet buy". BBC News. 2005-07-19. Retrieved 2008-03-07.
  14. ^ a b Facebook S1 document, page 43.
  15. ^ "Statement of Cash Flows". 02138. Retrieved 2008-04-30. [dead link]
  16. ^ a b Rosenbush, Steve (2006-03-28). "Facebook's on the Block". BusinessWeek. Retrieved 2006-04-03.
  17. ^ Dempsey, Laura (2006-08-03). "Facebook is the go-to Web site for students looking to hook up". Dayton Daily News.
  18. ^ Abram, Carolyn (2006-09-26). "Welcome to Facebook, everyone". Facebook. Retrieved 2008-03-08.
  19. ^ Michael Levenson (2008-06-27). "Facebook, ConnectU Settle Dispute". Boston Globe.
  20. ^ "Facebook Stock For Sale". BusinessWeek. Retrieved 2008-08-06.
  21. ^ "Press Releases". Facebook. 2008-11-30. Retrieved 2008-11-30.
  22. ^ Facebook Acquires FriendFeed Techcrunch
  23. ^ "Facebook 'cash flow positive,' signs 300M users". Cbc.ca. 2009-09-16. Retrieved 2010-03-23.
  24. ^ Arrington, Michael (2010-02-19). "Facebook acquires contact-importing company Octazen". Tech crunch.com. Retrieved 2010-03-23.
  25. ^ "Facebook buys photo service Divvyshot". 2 April 2010. Retrieved 5 April 2010.
  26. ^ "Facebook Introduces Community Pages, Hopes To Make Them “Best Collections Of Shared Knowledge”". TechCrunch. Retrieved July 11, 2010.
  27. ^ "Building the Social Web Together | Facebook". Blog.facebook.com. 2010-04-21. Retrieved 2012-02-09.
  28. ^ Narasu Rebbapragada (2010-06-20). "What Is Your Facebook Data Worth?". PC World.
  29. ^ Susanne Craig and Andrew Ross Sorkin (2011-01-02). "Goldman Offering Clients a Chance to Invest in Facebook". NYTimes.
  30. ^ "Facebook Adds New Options for Relationship Status". Africana Online. 2011-02-22. Retrieved 2012-02-09.
  31. ^ February 14, 2011 by Sarah Kessler 122 (2011-02-14). "Facebook Photos By the Numbers [INFOGRAPHIC]". Mashable.com. Retrieved 2012-02-09.{{cite web}}: CS1 maint: numeric names: authors list (link)
  32. ^ Warwick Ashford (2011-07-07). "Facebook partners with Skype to add video calling to social network infrastructure". Computerweekly.com. Retrieved 2012-02-09.
  33. ^ "Facebook and Heroku". Heroku. 2011-09-15.
  34. ^ "voor iPad". Facebook. Retrieved 2012-02-09.