The Impact Of Facebook's Impact On The World

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There is no doubt on the fact that Facebook is a juggernaut among all the global brands that has created lasting legacies and billion-dollar empires. It is the largest social networking site and ranks among the world 's most valuable tech companies. Facebook has built an impact on the world within an incredibly short span of time by connecting and influencing millions of people consisting of all age groups. Facebook caused revolutionary breakthroughs in communication, technology, broadcasting, entertainment, social media and startup market. It continues to evolve by contributing in changing the way we see the world.

The company 's initial public offering back in 2012 made Facebook the most valuable company at the time of its offering to ever go public. At $38 a share the company was valued at $104 billion. Facebook Inc. began selling stock to the public and trading on the NASDAQ on May 18, 2012 and soon paved a way for itself to join the Fortune 500 list for the first time in May 2013, ranked in position 462. A rare feat for a startup company made a group of young, humble Harvard tech-enthusiasts. The impact Facebook has made on the market itself is nothing short of a gargantuan act. But the overall impact Facebook really has on the world dictates the way in which the world works. From impacting the way the …show more content…

We use it as part of our everyday language, there are films and books made on it and built around it ("Facebook me" and "selfie" are legitimate dictionary words now). The cultural, artistic and aesthetic impact Facebook has on our lives today is astronomical. And as times are advancing. The leaps and bounds Facebook are crossing to introduce more innovations to the way we connect and communicate with people. Everything from breaking news to rights activism to the trendiest new apparel store on the block, they are all revealed through

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