Facebook is a company and an online social networking service and it functions as a mobile application and website that allows people to connect, share, discover, and communicate with each other on mobile devices and personal computers all around the world. Its services also contain Instagram, a mobile application that permits people to take pictures or videos, modify them with filter effects, and distribute them with friends and followers in a photo feed or even directly send them to friends; Messenger, which is a messaging application for mobile and also Web on numerous stages and devices, which permits people to attain others promptly, as well as allow businesses to involve with customers; and WhatsApp Messenger, a mobile messaging application. …show more content…
Moreover, users may connect common- interest user groups, arranged by workplace, school or college, or other features, and classify their friends into categories such as “People From Work” or “Close Friends”. Moreover, users can complain or block hostile people. Facebook had over 1.59 billion monthly lively users as of August 2015. As a consequence of the big capacity of data users present to the service, Facebook has come under inspection for their privacy contracts. Facebook Inc. detained its first public offering in February 2012 and started selling stock to the public, after three months, attaining an innovative climax market capitalization of 104 billion dollars. On July 13, 2015, Facebook turned out to be the sharpest company in the Standard and Poor’s 500 Index to attain a market capital of 250 billion dollars. Shadowing its Q3 profits call in 2015, Facebook’s market capital has surpassed 300 billion dollars. Facebook Inc.’s competitors include Microsoft Corporation, Google Inc., and Twitter