Category: Facebook

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Day in Tech History / Facebook

April 9, 2012: Facebook Purchased Instagram

2012 – Facebook – trying to get a hold on photosharing – decides to not wait for their iPhone app to come out but instead purchase Instagram for 1 billion dollars ($300 million and 23 million shares of Facebook stock). The reason Facebook made the purchase was for the close to 50 million Instagram users. Facebook had plans to keep both companies separate, but found later that joining the two via databases would help both companies grow.  The companies finalized the deal on September 6, 2012. Wikazine – Full Day in Tech History podcast show notes for April 9 AMD “Barcelona”...

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Day in Tech History / Facebook

March 13, 2013: Zuckerberg Calls President Obama

2014 – Mark Zuckerberg told the press he called President Barak Obama to bring his concerns to the table. The Facebook post talked about trust on the Internet, keeping it a shared space and how we should work together to create a secure environment. “I’ve called President Obama to express my frustration over the damage the government is creating for all of our future. Unfortunately, it seems like it will take a very long time for true full reform.” The NSA stated they do not use their technical abilities to impersonate US company websites. The refuted all reports. Post by Mark...

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Day in Tech History / Facebook

June 15, 2014: Facebook Changes Breastfeeding Stance

2014 – After a major protest from #FreetheNipple, Facebook decided to adjust their stance on photos of breastfeeding mothers. Facebook implemented the initial ban on December 30, 2008. The new rule became: Any baby fully engaged in feeding where nipple was covered could remain posted. However, Facebook did have the right to pull down photos if enough complaints were lodged. Full Day in Tech History podcast show notes for June 15 1752 – Benjamin Franklin flies a Kite 1983 – Microsoft eXtended Basic (MSX) 1982 – Arcades and the First Amendment 2006 – Bill Gates announces he is stepping down from CEO...

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Day in Tech History / Facebook

February 25, 2014: Facebook Email Gets Discontinued

2014 – After several attempts to get people onto their own @facebook.com email system, Facebook throws in the proverbial towel. They issue a statement announcing their email service will be discontinued by March. The email service was implemented in November 15, 2010. It was part of their messaging campaign and a rival to Gmail, Yahoo mail and Outlook. Alas, they were not able to ween enough of those off the other free services. Add to it a lack of updates and Facebook trying to hide other email addresses which brought enough complaints already. Wikazine – Full show notes for February 25 IBM releases...

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Day in Tech History / Facebook

February 1, 2012: Facebook Announces IPO

2012 – Facebook’s Mark Zuckerberg announced the company will be filing for Public IPO. The company will be looking for 5 billion dollars for the social network. Zuckerberg wrote in a letter to potential investors: We think it’s important that everyone who invests in Facebook understands what this mission means to us, how we make decisions and why we do the things we do. I will try to outline our approach in this letter. Trading began on May 18, 2012 at $38 and whereas the company was expecting a higher price, the stock closed at $38.23. The following day the...

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Day in Tech History / Facebook

April 9, 2012: Facebook Purchased Instagram, 1998:Seiko Debuts Ruputer

2012 – Facebook – trying to get a hold on photosharing – decides to not wait for their iPhone app to come out but instead purchase Instagram for 1 billion dollars ($300 million and 23 million shares of Facebook stock). The reason Facebook made the purchase was for the close to 50 million Instagram users. Facebook had plans to keep both companies separate, but found later that joining the two via databases would help both companies grow.  The companies finalized the deal on September 6, 2012. 1998 – Seiko Instruments introduces the world’s first wrist wearable Personal Computer called the Ruputer....

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