Facebook

Facebook, or FB for short, is an American social networking service and social media website founded by Mark Zuckerberg on February 4, 2004 and headquartered in Menlo Park, California. The original name was “thefacebook”, inspired by the address book “face book” provided by American high schools.

Facebook has grown rapidly since its inception and has become one of the largest social networks in the world. As of Quarter 1 2020, Facebook has more than 2.60 billion active users, uploading as many as 350 million pictures per day. Facebook has rich and diverse functions, including multimedia messaging, location sharing, personal profile and friend interaction, interest group and friend group management. Users can share text, pictures, videos and other forms of media content on Facebook, enriching the way users communicate and share.

Facebook is not only a social platform, but also provides a platform for advertising and commercial promotion, allowing businesses and brands to accurately target and communicate with users, promoting and selling goods and services. In addition, Facebook has introduced new machine learning features to improve advertising performance and user experience.

Although Facebook has a large user base worldwide, it has been blocked in the Chinese mainland for social and political reasons. However, Facebook has not stopped its ties with the Chinese technology industry, hoping to gain access to the Chinese government through investment and other means.

In the course of Facebook’s development, it has received venture capital and cooperated with Apple, YouTube and other companies to launch a number of functions, such as Facebook Market, Application Programming Interface (API), Facebook Open API, etc. In 2012, Facebook was successfully listed on the Nasdaq, with a market value of over 100 billion US dollars, marking its official entry into the ranks of the world’s top technology companies.

Facebook is also constantly exploring new technology fields, such as virtual reality (VR), augmented reality (AR), artificial intelligence (AI), etc., aiming to further enrich users’ social experience through technological innovation and promote the future development of digital social. Looking to the future, Facebook is committed to creating a more immersive and connected digital world, virtual gatherings through VR devices and the use of AI technology to optimize user experience, constantly explore the boundaries of social media, and open up a new digital life experience for users.