Mark Zuckerberg Fast Facts krdo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from krdo.com Daily Mail and Mail on Sunday newspapers.
Facebook Fast Facts
Facts
Timeline
February 4, 2004 – Facebook is launched by Mark Zuckerberg, Dustin Moskovitz, Chris Hughes and Eduardo Saverin at Harvard University, in Cambridge, Massachusetts.
March 1, 2004 – Students at Stanford, Columbia and Yale universities are allowed to join.
June 1, 2004
December 1, 2004
September 1, 2005
September 20, 2005 – The company drops the “the” from the name and becomes Facebook.
December 1, 2005 – Six million users are active on the site.
April 1, 2006 – Facebook for Mobile launches.
September 5, 2006 – The News Feed is introduced.
September 26, 2006 – Facebook expands to allow anyone to register.
March 28, 2007 – Former Harvard classmates Cameron and Tyler Winklevoss sue Zuckerberg in federal court, alleging that he stole the idea for Facebook from them. The two sides later agree to a $65 million settlement.
Mark Zuckerberg Fast Facts - Local News 8 localnews8.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from localnews8.com Daily Mail and Mail on Sunday newspapers.
Mark Zuckerberg Is $8 Billion Richer In One Week After Facebook Earnings Surprise Analysts
Christophe Morin/Bloomberg
Share to Facebook
T
he fortunes of some of the world s richest people spiked up this week after America s largest tech companies announced blockbuster first quarter earnings.
Mark Zuckerberg enjoyed the largest jump in wealth, getting $8 billion richer during Facebook’s earnings week to wind up with an estimated net worth of $117.8 billion. The social media giant shattered analysts’ expectations Wednesday afternoon with $26.1 billion in first-quarter revenue, 48% higher than last year, helping push the stock up by 7.3% Thursday to a record high. Facebook’s 8% gain for the week far outpaced the S&P 500 Index’s flat showing and the Dow Jones Industrial Average’s 0.5% decline.
The Bangalore-based startup was founded by Byju Raveendran. (File photo)
NEW DELHI: Byju’s, India’s online education pioneer, is raising about $150 million from UBS Group AG at a valuation of about $16.5 billion, multiple people familiar with the deal said. The funding will make it India’s most-valuable startup.
An entity that is part of UBS Asset Management is making the investment. It is in discussions to invest additional money, which would take its total investment in Byju’s to about $300 million, the people said, who asked not be identified as the negotiations are private. The startup could rope in another backer to take the fresh funding to $400 million, one of the people said.