Andrew McCollum, Mark Zuckerberg, Dustin Moskovitz, Eduardo Saverin, Chris Hughes
29th March 1997
Social Media Website
Estimated 600+ Million USD
About Facebook Company
An American social media and technology company Facebook Inc. is based in Menlo Park, California. Mark Zuckerberg founded Facebook in February 2004, along with his fellow Harvard College students and roommates Andrew McCollum, Eduardo Saverin, Dustin Moskovitz, and Chris Hughes, originally as TheFacebook.com.
Nowadays, Facebook is a popular global social networking website and is one of the world’s most valuable companies. Facebook is considered as one of the Big Four technology companies, along with Apple, Google, and Amazon. It is Headquartered in Menlo Park, California, U.S.
The number of employees of Facebook is about 44,942 (December 31, 2019).
Facebook is the most popular social networking site that makes it easy for you to connect and share with family and friends online that you can imagine. It was originally designed for college students; it was created by Mark Zuckerberg in 2004 while he was enrolled at Harvard University.
About Facebook Services
Facebook is the most popular social networking site that provides you manage different Facebook services that you can use automatically by using your Android device.
The design of Facebook Services is quite simple. Up top of your Facebook home page, you’ll find a search bar where you type about the kind of business you want to find. Facebook Services offers you a bunch of info on lots of businesses, meaning in seconds, you will have a list of the establishments that best suit your needs.
Another important thing is that Facebook Services also displays a map showing the different businesses that are something like what Google Maps does.
With Facebook Services, we can enjoy basic tools to find info on the location of certain products and services. In short, we’re looking at quite a useful tool that lets us take full advantage of the data generated by Facebook.
Facebook offers other products and services which includes Facebook, Instagram, Messenger, Portal-branded devices, Facebook Mentions, Bonfire, Spark AR Studio, Audience Network, NPE Team apps and other features. Software, apps, technologies, products, or services offered by Facebook Inc. comes under Facebook Ireland Limited.
The Facebook Services also include Facebook Business Tools, which are tools used by website owners and publishers, business partners (including advertisers) and their customers, app developers to support business services and exchange information on Facebook, such as social plugins (“Like” or “Share” button) and our APIs and SDKs.
Social networking website Facebook has several key features, such as Facebook Ads, Facebook Page, Facebook Poke, Facebook Status, Facebook Timeline, etc. These key features are discussed below with short information about them.
A public profile that is specifically created for businesses, brands, celebrities, causes, and other organizations is called a Facebook page. Facebook pages do gain “Fans,” which are people who choose to “like” a page.
An update feature that allows users to discuss their thoughts, important information, or whereabouts with their friends is called a Facebook status. Usually, a status is short, and generally, it gives information without going into details.
On Facebook, there is a place where you can share your photos, posts, and experiences, and this place is called the Facebook timeline. You can add a cover photo, highlight posts and images, edit your personal information, view your Facebook activity log, share Facebook app activity, update your Facebook status and add new life events to your profile.
A Facebook poke is a feature that lets users send a single virtual notification to a friend on the social media platform. At the early age of Facebook, although a poke was ineffective, but was a cute and timid way to virtually flirt or just say hello.
People can purchase Facebook ads on an auction basis, where advertisers are charged based on impressions, either clicks or actions. The ads are delivered all across Facebook. Some of the formats are eligible to show in the Newsfeed of Facebook. Facebook ads belong to one of two categories, Sponsored or Ads stories.
Here is a list of some info about Facebook Ads:
- Ads can appear in News Feed on mobile, News Feed on desktop, and in the right column of Facebook on desktop.
- Sometimes Ad content can paired with news about social actions that your friends have taken (like a page).
- Sometimes your friends might see news about the social actions you have taken in Facebook ads according to applicable privacy settings you’ve set for your account.
- You don’t need to panic because Facebook doesn’t sell your info to advertisers.
- Facebook actively enforces policies that Will help you to protect your experience with third-party apps and ad networks.
- If you’re interested in running ads on Facebook, then you can learn more at Facebook for Business.
Benefits Of Facebook
Some important benefits of Facebook are listed below
- You can create communication on Facebook
Facebook allows its members to quickly and efficiently exchange information they once held in private. For business users, this open communication channel ensures that customers can ask questions they may feel uncomfortable asking in person or even over the phone. In addition, the nearly real-time communication facilities available on Facebook, which allow business owners to be answerable to sales questions directly and to provide customer service through the social networking service.
- There are many Networking Tools on Facebook
Facebook’s massive social network contains significant resources for users seeking exposure. With just a few keystrokes, business owners can quickly update suppliers, key contacts, investors, and high-value customers. When publicly posting news about offerings or company’s services, users should remain aware that competitors can see this information; that’s why business owners should use discretion with sharing information on Facebook pages.
- You can run Social Marketing on Facebook
Facebook offers a number of benefits to small business owners and marketing professionals alike. Facebook gives marketers a nearly limitless audience for commercial messages with its massive user base.
- You can Research and Insights on Facebook
The entrepreneurs can use Facebook’s public communication venues to research offers from other companies just as business owners need to remember that competitors can see publicly posted information.