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Twitter was founded by Jack Dorsey, Noah Glass, Biz Stone and Evan Williams in 2006, and launched in July of that year, born from the ashes of another company, Odeo, which allowed users to create, record and share podcasts.
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Instagram, founded by Kevin Systrom and Mike Krieger, was originally launched in 2010 as an iOS app for iPhone users, before being released on Android in 2012 prior to its acquisition. We don’t plan to do many, if any, of these things.” “This is an important milestone for Facebook because it’s the first time we’ve purchased a product and company with so many users. “We think the fact that Instagram is linked to services other than Facebook is an important part of the experience,” Zuckerberg explained. The photo-sharing service Instagram is also owned by Facebook, which acquired the company in a $1 billion deal in 2012. WhatsApp was founded in 2009 by Yahoo! Brian Acton and Jan Koum. “As WhatsApp and Messenger offer such different and important uses, we will continue to invest in both and make each a great product for everyone,” he added. Other major shareholders include investment managers The Vanguard Group Inc, which owns a 7.23% stake, investment advisors Fidelity Management and Research, with a 5.09% stake, and another investment management group, T Rowe Price Associates, which owns a 4.24% stake.įacebook acquired 91 other companies around the world during its time.įacebook acquired WhatsApp for a $19 billion deal in 2014, Mark Zuckerberg said of the deal: “Facebook Messenger is widely used to chat with your Facebook friends, and WhatsApp to communicate with all your contacts and small groups from persons”. The company was announced in 2012 – with Zuckerberg, the company’s CEO, the largest shareholder with 29.3% of Class A shares in Facebook (estimated at $54 billion) Originally known as The Facebook, intended for use by Harvard students, it gradually expanded to include the wider world and, as of 2021, has 2.9 billion monthly users. Here’s what you need to know… Who owns Facebook?įacebook was originally founded in 2004 by Harvard roommates Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. Thank you for bearing with us.”Īnd the popular social network has always been one of the most used apps and services globally – but just who owns Facebook, social media and other messaging services? They’re counting on us: We’re sorry,” “We’ve worked hard to restore access to our apps and services and are happy to report they’re back online now. Facebook has apologized after the outage that affected billions of users for more than six hours Monday night – and also affected other services including Instagram and WhatsApp.