Facebook FACE BOOK |
Facebook has agreed to purchase Onavo, a Zionist data compression developer for mobile applications, Facebook confirmed Monday.
Both companies have not disclosed the sum of the deal. However, according to financial daily the Calcalist the purchase cost more than 100 million U.S. dollars.
Under the agreement, Onavo's office would remain in Tel Aviv, a move which will give the Zionist entity its first Facebook research and development center.
Founded in 2010, Onavo develops data compression technologies and mobile analytic utilities applications. It uses data from millions of users in order to rate the popularity of other applications.
Onavo is based in Palo Alto, California and employs 40 workers, 30 of whom work in the occupied territories of Palestine. So far it raised 13 million dollars from Sequoia Capital, Magma Venture Partners, Horizons Ventures and Motorola Mobility Ventures.
This is the third large acquisition by the world's largest social network company in the Zionist entity. In 2012 it purchased Face.com, a face recognition company, for 100 million dollars, and in 2011 it purchased Sanptu, a mobile application developer, for 70 million dollars.
Facebook is an online social networking service. Its name stems from the colloquial name for the book given to students at the start of the academic year by some American university administrations to help students get to know one another.[7]Facebook was founded in February 2004 by Mark Zuckerberg with his college roommates and fellow Harvard University students Eduardo Saverin, Andrew McCollum,Dustin Moskovitz and Chris Hughes.[8] The founders had initially limited the website's membership to students of the University of Harvard, but later expanded it to colleges in the Boston area, the Ivy League, and Stanford University. It gradually added support for students at various other universities before it opened to high school students, and eventually to anyone ages 13 and over. Facebook now allows anyone who claims to be at least 13 years old to become a registered user of the website.[9]
Users must register before using the site, after which they may create a personal profile, add other users as friends, exchange messages, and receive automatic notifications when they update their profile. Additionally, users may join common-interest user groups, organized by workplace, school or college, or other characteristics, and categorize their friends into lists such as "People From Work" or "Close Friends". As of September 2012, Facebook has over one billion active users,[10]of which 8.7% are fake.[11] According to a May 2011 Consumer Reports survey, there are 7.5 million children under 13 with accounts and 5 million under 10, violating the site's terms of service.[12] Facebook (as of 2012) has about 180 petabytes of data a year and grows by over half a petabyte every 24 hours.[13]
Screenshot of Facebook main page on
August 1 2013 | |
Type | Public |
---|---|
Traded as | NASDAQ: FB |
Foundation date | Cambridge, Massachusetts, U.S.(February 4, 2004) |
Headquarters | Menlo Park, California, U.S. |
Area served | United States (2004–05) Worldwide (2005–present) |
Founder(s) | |
Key people | Mark Zuckerberg (Chairman and CEO) Sheryl Sandberg (COO) |
Industry | Internet |
Revenue | $5.1 billion (2012)[1] |
Operating income | US$ 538 million (2012)[2] |
Net income | US$ 53 million (2012)[2] |
Total assets | US$ 15.10 billion (2012)[2] |
Total equity | US$ 11.75 billion (2012)[2] |
Employees | 5,299 (June, 2013)[3] |
Subsidiaries | |
Website | facebook.com |
Written in | C++ and PHP[4] |
Alexa rank | 2 (October 2013)[5] |
Type of site | Social networking service |
Registration | Required |
Users | 1.15 billion (active March 2013)[6] |
Available in | Multilingual (70) |
Launched | February 4, 2004 |
Current status | A |
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