Sunday, February 25, 2024
HomeTechnologyHappy Birthday: Facebook Turns 20; Mark Zuckerberg Celebrates By Sharing Reel On...

Happy Birthday: Facebook Turns 20; Mark Zuckerberg Celebrates By Sharing Reel On Instagram


New Delhi: Facebook, one of the vital highly effective social media platforms connecting individuals and organizations worldwide, turns 20 on Sunday. On this event, founder Mark Zuckerberg celebrated the second by sharing a reel which included his outdated Facebook show image. Notably, Zuckerberg launched the location in 2004 which quickly turned essentially the most beloved social networking platform within the years to come back. 

On Instagram, Zuckerberg posted, “Twenty years ago, I launched a thing. Along the way, lots of amazing people joined, and we built some more awesome things. We’re still at it and the best is yet to come”. The official Instagram deal with of Facebook commented: “Love you dad.” Within a 12 months of its debut, Facebook garnered 1,000,000 customers, surpassing its competitor MySpace inside a mere 4 years. (Also Read: Meta’s X Rival Threads Has 130 Million Active Users Now)

By 2012, Facebook had surpassed one billion customers a month. At the tip of 2023, Facebook reported it had 2.11 billion day by day customers. Meta’s household of apps, which incorporates Facebook, Instagram, Messenger and WhatsApp, at the moment are being utilized by 3.19 billion individuals day by day within the fourth quarter, up from the three.14 billion. The Family month-to-month energetic individuals determine was 3.98 billion as of December 31, 2023, a rise of six per cent year-over-year.

 


Meta CEO Mark Zuckerberg is now the fifth richest particular person on the earth following a surge in Meta’s share value. Facebook’s mother or father firm Meta is now an promoting big.

Meta final week reported greater than $40 billion in income for the final quarter of 2023 and round $14 billion in revenue. However, Facebook additionally confronted billions of {dollars} in high quality previously over its poor knowledge assortment practices.

In the Cambridge Analytica scandal in 2014, Facebook paid $725 million to settle authorized motion due to a big knowledge breach. In 2022, Facebook additionally paid a 265 million euros high quality for permitting private knowledge to be extracted from the location. (Also Read: Meta Boss Mark Zuckerberg Issues Dramatic Apology To US Senate For THIS Reason)

Last 12 months, the social community was fined a file 1.2 billion euros by the Irish Data Protection Commission, for transferring European customers’ knowledge outdoors of the jurisdiction. Facebook is presently interesting towards the high quality, reviews the BBC.

Instagram Threads has now reached 130 million month-to-month energetic customers, up 30 million from the final quarter. Zuckerberg mentioned throughout the firm’s fourth-quarter earnings name that Threads is “growing steadily”.

Threads had a record-breaking launch, reaching 100 million registered customers inside its first 5 days final July. But the curiosity light over time.

(With Inputs From IANS)





Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular