Timeline: Facebook turns seven
The social networking giant today celebrates its seventh birthday and we take a look back at its milestone events.
September 2006 The network becomes free to join for anyone registering an e-mail address, regardless of whether or not they are high school of university students.
June 2008 The feud between Facebook and ConnectU the society the Winklevoss brothers and Divya Narendra had created comes to an end after a settlement between both parties. Facebook agrees to pay ConnectU $20 million (12.4 million) in cash and 1,253,326 shares of common stock (worth $45 million).
August 2008 Facebook hits 100 million users.
September 2009 Facebook announces a positive cash flow for the first time in its history.
June 2010 Privacy campaign groups write an open letter to Mark Zuckerberg to ask for more user control on Facebook.
July 2010 Facebook hits 500 million users.
November 2010 Facebook becomes the third-largest US web company after Google and Amazon.
Sign up today and you will receive a free copy of our Future Focus 2025 report - the leading guidance on AI, cybersecurity and other IT challenges as per 700+ senior executives
December 2010 Facebook wins best workplace accolade.
January 2011 Facebook gets valued at $50 billion.
January 2011 A satirical rumour about Facebook's closure makes scares users.
January 2011 Zuckerberg has his Facebook page hacked.
-
How the UK is leading Europe at AI-driven manufacturingIn-depth A new report puts the country on top of the charts in adopting machine learning on the factory floor in several critical measures
-
US data center power demand forecast to hit 106GW by 2035, report warnsNews BloombergNEF research reveals a sharp 36% jump in energy forecasts as "hyperscale" projects reshape the American grid
-
Meta to pay $725 million in Cambridge Analytica lawsuit settlementNews The settlement closes the long-running lawsuit into how Facebook's owner, Meta, handled the Cambridge Analytica scandal
-
Meta's earnings are 'cause for concern' and 2023 looks even bleakerAnalysis Calls for investor faith in metaverse tech only emphasise the worries that its investment strategy won't pay off
-
Microsoft and Meta announce integration deal between Teams and WorkplaceNews Features from both business collaboration platforms will be available to users without having to switch apps
-
Facebook is shutting down its controversial facial recognition systemNews The move will see more than a billion facial templates removed from Facebook's records amid a push for more private applications of the technology
-
'Changing name to Meat': Industry reacts to Facebook's Meta rebrandNews The rebrand attempts to provide a clearer distinction between Facebook and its umbrella company
-
Facebook's Oversight Board demands more transparencyNews Board bashed the social media giant for its preferential treatment of certain high-profile accounts
-
Facebook claims AI managed to reduce hate speech by 50%News The social media platform has hit back at claims the tech it uses to fight hate speech is inadequate
-
Facebook to hire 10,000 workers across the EUNews The high-skilled jobs drive is a “vote of confidence” in the European tech industry