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Facebook launched the Facebook Platform on May 24, 2007, providing a framework for software developers to create applications that interact with core Facebook features. [1] [2] A markup language called Facebook Markup Language was introduced simultaneously; it is used to customize the "look and feel" of applications that developers create.
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]).
Facebook Platform Statistics as of May 2010: More than one million developers and entrepreneurs from more than 180 countries; More than 550,000 active applications currently on Facebook Platform; Every month, more than 70% of Facebook users engage with Platform applications; More than 250,000 websites have integrated with Facebook Platform
In 2020, Facebook, Inc. spent $19.7 million on lobbying, hiring 79 lobbyists. In 2019, it had spent $16.7 million on lobbying and had a team of 71 lobbyists, up from $12.6 million and 51 lobbyists in 2018. [130] Facebook was the largest spender of lobbying money among the Big Tech companies in 2020. [131]
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 ...
In June 2011, Wix launched the Facebook store module, making its first step into the social commerce trend. [14] In March 2012, Wix launched a new HTML5 site builder, replacing the Adobe Flash technology. [15] In October 2012, Wix launched an app market for users to sell applications built with the company's automated web development technology.
Meta Platforms (formerly Facebook, Inc.) is a technology company that has acquired 91 other companies, including WhatsApp. The WhatsApp acquisition closed at a steep $16 billion; more than $40 per user of the platform.
[Hm 1] It launched in beta as Facebook at Work before officially launching in October 2016. [1] [better source needed] Free accounts were discontinued as of February 2021. [citation needed] Workplace for Good was launched in June 2018 to provide a free version of Workplace for registered non-profits and staff of educational institutions. [2]