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The Blight that is Facebook, page-8

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sharps2r800

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18/04/21

13:33

Post #: 52546053
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Originally posted by sharps2r800: ↑
Except Facebook is not a party, it is a profitable US based global corporation.

5 Companies Owned By Facebook
Photo and video-sharing, virtual reality, and messenger services

Facebook Inc. (FB), the world's largestsocial networkingwebsite, was founded by CEOMark Zuckerbergand several Harvard College roommates in 2004.

Facebook has expanded far beyond its original social networking platform since its founding 16 years ago. Its products also include messenger services, photo and video sharing, augmented reality, and many other apps and services.2 Acquisitions have been key to growing these businesses and Facebook's revenue in general. Facebook's strategy has been to buy potential rivals before they can get too big. In the process, the company sometimes has paid exceptionally high prices for some deals. The company has also drawn attention from the Federal Trade Commission (FTC) due to potential anticompetitive practices, with the FTC recently demanding data on unreported purchases from Facebook as well as other big tech companies.3
https://www.investopedia.com/articles/personal-finance/051815/top-11-companies-owned-facebook.aspFacebook's revenue and net income from 2007 to 2020
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The American Dream.

Facebook'srevenue and net income from 2007 to 2020 (in million U.S. dollars)

Revenue Net Income
1 2019 70,697 18,485
2 2018 55,838 22,112
3 2017 40,653 15,934
4 2016 27,638 10,217
9 more rows
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5 Feb 2021

• Facebook: revenue and net income | Statista

Last edited by sharps2r800: 18/04/21
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