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The company dropped 'The' from its name after purchasing the domain name facebook.com in 2005 [23] for $200,000. [24] The following year, the platform was made available for high school students, and in 2006, it became accessible to the general public. In December 2005, it was reported that Facebook had 6 million monthly active users. [25]
For years, Facebook and Zuckerberg resisted both buyouts and taking the company public. The main reason that the company decided to go public is because it crossed the threshold of 500 shareholders, according to Reuters financial blogger Felix Salmon. [2] Facebook reportedly turned down a $750 million offer from Viacom in 2006. [3]
As of December 2022, Facebook claimed almost 3 billion monthly active users. [7] As of October 2023, Facebook ranked as the third-most-visited website in the world, with 22.56% of its traffic coming from the United States. [8][9] It was the most downloaded mobile app of the 2010s.
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Facebook Paper. During the same week as its tenth anniversary (in 2014), Facebook launched the Paper iPhone app. The app consists of two major features: Firstly, Facebook's News Feed is more graphic, as the app uses technology such as full-screen photos and video footage.
The U.S. IRS challenged the valuation Facebook used when it transferred IP from the U.S. to Facebook Ireland (now Meta Platforms Ireland) in 2010 (which Facebook Ireland then revalued higher before charging out), as it was building its double Irish tax structure. [172] [173] The case is ongoing and Meta faces a potential fine of $3–5bn. [174]
Facebook 's own page is the most-followed on the platform with 188 million followers. Cristiano Ronaldo is the most-followed individual user on Facebook with 170 million followers. Shakira is the most-followed female individual user on Facebook with 123 million followers. This article contains a list of the top 50 accounts with the largest ...
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