In case you werent convinced of the economic value of marketing free mobile apps, take. Facebook acquires Instagram for 1 billion. Infographic Animated GIF Explains Everything About Instagram » April 09, 2012. Back in July 2007, Facebook made its first acquisition when it bought Parakey for an undisclosed. The popular mobile photography app, Instagram, has just been acquired by Facebook. By the end of 2020, Facebook's monthly active user base had grown to 2.8 billion users. By Carly Okyle Opinions expressed by Entrepreneur contributors are their own. In the summer of 2012, it became the first online service of its kind to reach 1 billion monthly active users.ĭespite being shrouded in controversy over its (mis)handling of user privacy and its questionable role in political manipulation in the United States and abroad, Facebook continues to grow. Within three years, the social network added 350 million users. The emails revealed that Zuckerberg wanted to buy Instagram as it was becoming a threat to Facebook. After changing its name to just " Facebook" in 2005, the social network was opened to the general public in the fall of 2006, marking the start of one of the most remarkable growth stories in corporate history. Rep Jerry Nadler (D-NY) on Wednesday grilled Zuckerberg about the Instagram acquisition during the testimonies from the Big Tech CEOs, including Amazons Jeff Bezos, Sundar Pichai of Google and Tim Cook of Apple. competitor WhatsApp, Facebook acquired its rival in 2014 for 19 billion. By the end of 2004, Thefacebook had more than 1 million registered users and the newly-founded company behind it had not only moved to Silicon Valley but also secured a $500,000 investment from PayPal co-founder Peter Thiel. Discover the elements that define Facebook, whose over 2 billion monthly. Many articles indicated that Facebook is turning old, with many users replacing it with Snapchat, Instagram, and WhatsApp, depending on the use they prefer.WhatsApp is the primary way of communication for many users and it seems appealing to even the younger ones, which was the latest challenge for Facebook. "Thefacebook is an online directory that connects people through social networks at colleges", the original website greeted its visitors back then, explaining that it would enable them to "search for people at your school, find out who are in your classes, look up your friends’ friends and see a visualization of your social network."Ĭonfined to the Harvard campus at first, the service quickly gained popularity and was subsequently rolled out to other colleges. After all, this is what a viewer will see first in your infographic and it often determines whether they will engage with your content further or not. 17 years ago, on February 4, 2004, then-19-year old Harvard student Mark Zuckerberg, along with some of his classmates, launched a little website called Thefacebook. If you want to drive engagement using infographics for Instagram, the first thing that you need to learn is to write catchy headlines.
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