A Complete Tech News Blog!

Facebook has grown to become a $1 trillion company

Facebook

As of today’s market close, Facebook has been valued at over a trillion dollars. According to Yahoo Finance, the company’s market cap is $1.008 trillion, which puts it over the mark for the first time in history.

Among the most prominent divisions of Facebook are the company site itself, Messenger, Instagram, WhatsApp, and Oculus. 

The Facebook has grown from a $1 billion company to a $1 trillion company

Facebook is the only company on the list of US tech companies worth $1 trillion or more that was founded in the 2000s, so it’s the latest – if you count the date Google was launched (which was 1998) instead of Alphabet’s (which was launched in 2015).

As part of the settlement, the FTC was unable to prove that the company was monopolizing its market after a federal judge dismissed the FTC’s case against it to unwind its acquisition of Instagram and WhatsApp.

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on tumblr
Share on vk
Share on mix
Share on reddit
Share on email

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

baseread

Content Creator

Baes Read brings all the most recent Consumer Technology achievements & demonstrates to you what’s going on, what makes a difference & how technology can enhance your life.

recent post