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Facebook Spends $19 Billion On It's 10th Anniversary

Posted on Feb 27, 2014 5:00:00 AM by Chans Weber

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facebook-spends-19-billion-on-its-10th-anniversarWho could have predicted that an online social network would change the world? In February 2004, Harvard sophomore Mark Zuckerberg launched “The Facebook” as an exclusive social network for Harvard students. Gradually, Facebook was opened to more users and by 2006, anyone over 13 could join. By December 2013, Facebook had grown to 1.23 billion monthly active users. (Source: Facebook Newsroom).

Click here to see the first article ever written about Facebook.

Facebook not only changed the world, it changed the way we interact with our customers and prospects—at least for those of us who take advantage of the opportunities Facebook and other social media sites offer.

At minimum, every small business should have a profile on Google+, Facebook, and Twitter—customers and prospects expect to see you there. Social media is important for building brand awareness, connecting with customers and prospects, sharing your blogs, articles, videos, infographics and other content created for your SEO campaign.

Facebook Acquires WhatsApp for $19 Billion

Since Facebook has turned ten they have acquired the popular messaging app called WhatsApp for $19 billion dollars of stock and cash. This acquisition was surprising to some people but, Zuckerberg says "I actually think that by itself it's worth more than 19 billion". One reason Zuckerberg might believe that is because WhatsApp is planning to add a free voice-call service for its 450 million customers by the end of this year, laying down a huge challenge to telecom network operators. Zuckerberg also stated that "By being a part of Facebook, it makes it so they (whatsApp) can focus for the next five years or so purely on adding more people."

Will there be 10 more years of Facebook or have they climbed as high as they're going to climb?