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Facebook’s phenomenal rise The social networking site has grown from a project hatched in a college dorm to the largest social networking site in the world.
Electronic screens inside the Nasdaq stock market announce the listing of Facebook shares before the start of trading, May 18, 2012 in New York. The world's definitive online social network raised $16 billion in an initial public offering that values the company at $104 billion.
Mark Lennihan
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AP
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April 9, 2012
In this photo illustration, the photo-sharing app Instagram fan page is seen on the Facebook Web site on the Apple Safari Web browser. Facebook is acquiring photo-sharing app Instagram for approximately $1 billion.
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Dec. 13, 2011
Workers inside Facebook headquarters in Menlo Park, Calif.
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Sept. 22, 2011
Facebook CEO Mark Zuckerberg delivers a keynote address during the Facebook f8 conference in San Francisco. Zuckerberg kicked off the conference introducing a Timeline feature to the popular social network.
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Jan. 11, 2012
A sketch of founder and CEO Mark Zuckerberg is seen on a wall at the new headquarters of Facebook in Menlo Park, Calif. The 57-acre campus, which formerly housed Sun Microsystems, features open work spaces for nearly 2,000 employees on the one million square foot campus, with room for expansion.
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February 2004
Mark Zuckerberg, along with Dustin Moskovitz, Chris Hughes and Eduardo Saverin, launched thefacebook.com from their Harvard dormitories.
Paul Sakuma
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AP
March 2004
Students are pictured on the campus of Yale University in New Haven, Conn. In the spring of 2004, the company expanded to Yale, Stanford and Columbia.
George Ruhe
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Bloomberg
December 2004
Facebook reaches its first significant milestone: 1 million active users.
Robert Galbraith
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Reuters
May 2005
The company secured $12.7 in funding from venture capital firm Accel Partners and expanded to more than 800 colleges.
Matthew Staver
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Bloomberg
April 2006
Facebook headquarters in Palo Alto, Calif. In 2006, Facebook added more high-profile venture-capital backers: Greylock Partners, Meritech Capital Partners, and others, raising a total of $27.5 million.
Paul Sakuma
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AP
January-March 2008
Facebook launched in Spanish, French and German in 2008.
Thierry Roge
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Reuters
April 2008
Facebook eclipses its former rival MySpace.
Mark Lennihan
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AP
May 2009
Digital Sky Technologies made a $200 million investment for preferred stock at a valuation of $10 billion. Pictured is Yuri Milner, chief executive officer of Digital Sky Technologies, at the Web 2.0 Summit in San Francisco in 2010.
Tony Avelar
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December 2009
The popular networking site introduced new privacy settings that the company claimed were supposed to give its 350 million users more control over what information they share. Consumer groups and users had a different view. They responded with a torrent of complaints that the new tools were confusing and that in some cases made user information more broadly available to other Web sites and anyone searching the Internet.
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AP
April 2010
The firestorm over Facebook and its privacy settings grows as the company introduces "instant personalization," which shares user information — such as an individual's preferences and those of their friends — with other Web sites. Privacy groups file complaints with regulators, and thousands of users join sites pledging to quit Facebook. Sen. Charles E. Schumer (D-N.Y.) criticized Facebook for sharing information to third-party sites and calls for an investigation by the Federal Trade Commission.
Harry Hamburg
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AP
May 2010
Facebook CEO Mark Zuckerberg announces new one-click options to help subscribers protect their privacy and apologizes for the company’s recent privacy stumbles. "We don't pretend that we are perfect," Zuckerberg said in an interview with The Washington Post’s Cecilia Kang. "We try to build new things, hear feedback and respond with changes to that feedback all the time."
Justin Sullivan
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July 2010
In this screen shot provided by Facebook, a photo pre-approval feature is shown. Facebook will now let you pre-approve photos before your friends can post them with your name attached.
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AP
October 2010
The movie "The Social Network" is released in theaters. Actor Jesse Eisenberg, left, played Zuckerberg in the film, which captured how Facebook was started.
Merrick Morton
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AP
December 2010
Zuckerberg is featured on the cover of Time magazine's 2010 "Person of the Year" issue. At 26, Zuckerberg was the youngest to earn the honor since the first person chosen, aviator Charles Lindbergh, in 1927. Lindbergh was 25.
Time
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AP
April 2011
President Obama shared the stage with Facebook’s Mark Zuckerberg at the company’s headquarters.
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Getty Images
April 2011
The U.S. Court of Appeals for the Ninth Circuit ruled that twin brothers Cameron and Tyler Winklevoss lost in their bid to void a 2008 agreement for Facebook to pay the twins $65 million after claiming Mark Zuckerberg stole their idea, according to reports. The Winklevosses had claimed that the social media company gave an inaccurate valuation of its shares before agreeing to pay the settlement.
Justin Sullivan
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July 2011
Facebook reaches 750 million active users and is speculated to be preparing to go public as soon as in the first quarter of 2012. News reports have pegged its potential valuation at more than $100 billion.
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