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  1. en.wikipedia.org › wiki › FacebookFacebook - Wikipedia

    Facebook is a social media and social networking service owned by the American technology conglomerate Meta. Created in 2004 by Mark Zuckerberg with four other Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes, its name derives from the face book directories often given to American ...

  2. Zuckerberg was joined in the promotion of the site by Saverin (business aspects), Dustin Moskovitz (programmer), Andrew McCollum (graphic artist), and Chris Hughes. In March 2004, Facebook expanded to Stanford, Columbia, and Yale. [3] This expansion continued when it opened to all Ivy League and Boston-area schools.

    Year
    Month And Date (if Available)
    Event Type
    Event
    2023
    November 7
    Legal
    A former Meta employee, Arturo Bejar, ...
    2018
    April 26
    Legal
    Facebook CTO Mike Schroepfer is grilled ...
    2018
    April 10–11
    Legal
    Mark Zuckerberg attends his first ...
    2018
    March 17–26
    Controversy
    A whistleblower reveals that British ...
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  4. Meta Platforms, Inc.,[10] doing business as Meta,[11] and formerly named Facebook, Inc., and TheFacebook, Inc.,[12][13] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services.[14] Meta ranks among the ...

    • History
    • Enabling Documents
    • Governance
    • Responses
    • External Links

    Founding

    In November 2018, after meeting with Harvard Law School professor Noah Feldman, who had proposed the creation of a quasi-judiciary on Facebook to oversee content moderation, CEO Mark Zuckerberg approved the creation of the board. Among the board's goals were to improve the fairness of the appeals process, give oversight and accountability from an outside source, and increase transparency. The board was modeled after the United States' federal judicial system, as the Oversight Board gives prec...

    Activity

    On May 6, 2020, Facebook announced the 20 members that would make up the Oversight Board. Facebook's VP of Global Affairs and Communications Nick Clegg described the group as having a "wide range of views and experiences" and who collectively lived in "over 27 countries", speaking "at least 29 languages, but a quarter of the group and two of the four co-chairs are from the United States, which some free speech and internet governance experts expressed concerns about. In July 2020 it was annou...

    Earliest decisions and actions

    On January 28, 2021, the board ruled on five moderation decisions made by Facebook, overturning four of them and upholding one. All but one were unanimous.Each ruling was decided by a majority vote of a panel of five members of the board, including at least one member from the region where the moderated post originated.

    As the Oversight Board is not a tribunal, court of law, or quasi-judicial body, it is not guided by enabling legislation created by any government. Instead, a corporate charter, bylaws, and series of governing documents set out the scope and powers of the Board. Opinions written by the board reference Meta's corporate human rights policy, which "vo...

    In order to ensure the board's independence, Facebook established an irrevocable trust with $130 million in initial funding, expected to cover operational costs for over half a decade. The board is able to hear appeals submitted by both Facebook and its users, and Facebook "will be required to respond publicly to any recommendations". Notably, whil...

    Facebook's introduction of the Oversight Board elicited a variety of responses, with St. John's University law professor Kate Klonick describing its creation as an historic endeavor, and technology news website The Verge deeming it "a wild new experiment in platform governance". Politico described it as "an unapologetically globalistmix of academic...

    • "… promot[ing] free expression by making principled, independent decisions … issuing recommendations on the relevant Facebook company content policy."
  5. Mark Elliot Zuckerberg ( / ˈzʌkərbɜːrɡ /; born May 14, 1984) is an American businessman. He co-founded the social media service Facebook, along with his Harvard roommates in 2004, and its parent company Meta Platforms (formerly Facebook, Inc.), of which he is chairman, chief executive officer and controlling shareholder.

    • 2004–present
  6. Listen with Friends. Listen with Friends allows Facebook users to listen to music and discuss the tunes using Facebook Chat with friends at the same time. Users can also listen in as a group while one friend acts as a DJ. Up to 50 friends can listen to the same song at the same time, and chat about it.

  7. Initial public offering of Facebook. The technology company Facebook, Inc., [a] held its initial public offering (IPO) on Friday, May 18, 2012. [1] The IPO was one of the biggest in technology and Internet history, with a peak market capitalization of over $104 billion.

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