That proved to be a worthwhile move as the platform quickly rose to fame. Whatsapp launched as an alternative to the costly text messaging service. Two years down the line, Facebook acquired it for a whopping $1 billion. So lustrous that it attracted the attention of Mark Zuckerberg. Right after its inception in 2010, Instagram proved to be a successful project. Let’s dive into the details and unearth all the companies owned by Facebook. These are the 5 most valued corporations in the world. GAMAM, on the other hand, represents Google, Apple, Meta, Amazon and Microsoft. GAFAM simply stands for Google, Amazon, Facebook, Apple, and Microsoft. Later on, Mark started working on Facebook and the platform quickly grew to become the dominant beast that it is today.įacebook is a member of GAFAM alternatively known as GAMAM. Yes, it caused an uproar from both students and administration and had to be terminated. On this app, two women from Harvard would be randomly selected and a vote is cast to see who’s the most beautiful. The idea behind Facebook may have sprung from Mark’s first project-FaceMash. In a day, the platform already had over a thousand sign-ups. When Mark Zuckerberg launched Facebook back in 2004, it was solely to be used to connect Harvard students with each other. Both are huge social media channels owned by Facebook Corporation. We’ll get to talk about the details later but think of Instagram and Whatsapp. There is one peculiar character about Facebook the company tends to purchase or merge with any company that seems to threaten its business model.
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