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Invested
Zuckerberg met with Harvard student Eduardo Saverin, and each of them agreed to invest $1,000 dollars in the site. -
Facebook launched
Created in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. -
Hired
In May hired their first intern. -
Open to Public
Facebook opened to everyone at least 13 years old with a valid email address. -
Sued
The 3 accused Zuckerberg of intentionally misleading them into believing he would help build a social network called HarvardConnection.com. They later sued Zuckerberg, settling in 2008 for 1.2 million shares (worth $300 million. -
Millions of Users
The company announced 500 million users in July. -
New App Center
In March, Facebook announced App Center, a store selling applications that operate via the website. The store was to be available on iPhones, Android devices, and for mobile web users.
["Facebook app store launches amid mobile revenue worries". BBC News. May 10, 2012.] -
Anniversary
Facebook celebrated its 10th anniversary. -
Facebook Dating launched
In May they offered its own dating service called Facebook Dating and other competitors for Matching fell by 22%. It allowed you to see their normal everyday posts on Facebook and what they had put in the dating site. -
Decrease in Users
In February active users dropped for the first time in its 18-year history, due to competition from TikTok and YouTube, as well as advertisers cutting back on spending.
[ "Facebook: Daily active users fall for first time in 18-year history". BBC News. February 3, 2022. p. 1. Retrieved February 3, 2022.]