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They claimed that he was instead using their ideas to build a competing product.In late 2007, Facebook had 100,000 business pages (pages which allowed companies to promote themselves and attract customers).Microsoft's purchase included rights to place international advertisements on the social networking site.

According to Mark Zuckerberg: "There are 200 million people on Facebook that list themselves as single, so clearly there's something to do here".

Facebook held its initial public offering (IPO) in February 2012, and began selling stock to the public three months later, reaching an original peak market capitalization of 4 billion, a new record.

Facebook makes most of its revenue from advertisements that appear onscreen.

Its popularity has led to prominent media coverage for the company, including significant scrutiny over privacy and the psychological effects it has on users.

In recent years, the company has faced intense pressure over the amount of fake news, hate speech and depictions of violence prevalent on its services, all of which it is attempting to counteract.

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