Connect with us

Hi, what are you looking for?

Apps

As the company controls more ground, Facebook’s equity rises to $1 trillion

As the company controls more ground, Facebook's equity rises to $1 trillion

According to yesterday’s market report, Facebook is now one of the companies with the highest net assets, about $1 trillion. Facebook is slowly taking over the social media world, acquiring some of the largest platforms, first Instagram in 2012, then WhatsApp and Oculus in 2014.

In order to estimate the cost, Facebook spent an average of US$22 billion on these three companies alone, and WhatsApp valued it at US$19 billion. More specifically, the company is currently worth US$1,008 billion, while Twitter’s net worth is only US$35 billion. Obviously, Facebook has more employees, that is, 58,600 people, while Twitter can only employ 5,500 people, but this is of course a direct result of the workload.

The size on both platforms. Considering that Facebook launched and acquired some of the most influential platforms such as Messenger, Instagram, and Whatsapp, it makes sense that it is one of the leading companies today. According to The Verge, it is a social network.

It is also worth noting that Facebook was founded in the early 2000s, while most other top brands with this diversity were launched much earlier, making Facebook one of the youngest companies with such a large user base. This is a successful mountain, and we have to admit that it is not easy.

Although Facebook may be one of the leading and influential brands, it also has the most accusations that question the morale of the company. Facebook was involved in a privacy scandal some time ago when the company said that major platforms were using consumer data to beautify their marketing plans, and users did not know. The long document about the company’s misconduct has little to say in the defense.

Twitter is working on developing new features to improve Spaces and beat other competitors

The recent Facebook scandal involved the ownership of a “monopoly.” However, the decision supported the platform and required Facebook to disclose its acquisitions of WhatsApp and Instagram, but the responsible judge ruled the lawsuit, saying that the evidence for assigning such a blatant name to the company is irrelevant. Although we agree that Facebook is working hard to achieve its current status, we also have some doubts about this process. We also wish you all the best and wish Facebook all the best in all future tests.

As the company controls more ground, Facebook's equity rises to $1 trillion

Image Credit: Digital Information World

OVERVIEW:

Considering that Facebook launched and acquired some of the most influential platforms such as Messenger, Instagram, and Whatsapp, it makes sense that it is one of the leading companies today. It is also worth noting that Facebook was founded in the early 2000s, while most other top brands with this diversity were launched much earlier, making Facebook one of the youngest companies with such a large user base.

mail2box786@gmail.com'
Written By

Click to comment

Leave a Reply

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

You May Also Like

Mobile

iPhone SE3, The iPhone S, could not be released as a sequel 2020 this year. According to new reports, the iPhone SE 3 is...

Entertainment

WWE After the Bell with Corey Graves and Vic Joseph will play host to special guests and surprises in the lead-up to WrestleMania 37 with daily episodes beginning...

Tech

The China Telecom site shared key details of the Open A35 before its launch. It shared price information, images, and specifications. MediaTek Helio P35...

Showbiz

Pakistani actress Neelam Munirka said that I always try to keep my job while I do not interfere in anyone’s affairs. Pakistani celebrity Neelam...