Last night, Facebook joined the exclusive club of US-based publicaly traded companies witha market cap of more than $1 trillion. Other notable names with this club’s membership are Apple, Microsoft, and Alphabet — making Facebook the youngest company to reach this mark.
Here’s a brief history of Facebook with significant milestones that helped it reach this mark:
Of course, this is only a brief history of Facebook’s money-making, product, and acquisition history. The company has been notorious for scandals threatening user data privacy such asCambridge Analytica. And it also has a habit ofsneakingly grabbing your data. All that has led to several anti-trust investigations against the company.
Sadly, as Facebook reached the $1 trillion market cap,a case looking into acquisitions of WhatsApp and Instagramwas dismissed by the Federal Trade Commission (FTC). Sigh, more money for Zukcerberg.
Story byIvan Mehta
Ivan covers Big Tech, India, policy, AI, security, platforms, and apps for TNW. That’s one heck of a mixed bag. He likes to say “Bleh.“Ivan covers Big Tech, India, policy, AI, security, platforms, and apps for TNW. That’s one heck of a mixed bag. He likes to say “Bleh.”
Get the TNW newsletter
Get the most important tech news in your inbox each week.
