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Facebook discusses with Yahoo! about the latter possibly acquiring the former, for $1 billion. [259] 2007: January 10: Product: Facebook launches m.facebook.com and officially announces mobile support. [321] 2007: May 24: Product: Facebook announces Facebook Platform for developers to build applications on top of Facebook's social graph. [322 ...
Facebook had surpassed MySpace in global traffic and became the world's most popular social media platform. Microsoft announced that it had purchased a 1.6% share of Facebook for $240 million ($353 million in 2023 dollars [31]), giving Facebook an implied value of around $15 billion ($22 billion in 2023 dollars [31]).
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