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The name comes from the face book directories often given to American university students.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.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.

Facebook can be accessed from a large range of devices with Internet connectivity, such as desktop computers, laptops and tablet computers, and smartphones.Facebook is an American online social media and social networking service company based in Menlo Park, California.Its website was launched on February 4, 2004, by Mark Zuckerberg, along with fellow Harvard College students and roommates Eduardo Saverin, Andrew Mc Collum, Dustin Moskovitz, and Chris Hughes.These started as group pages, but a new concept called company pages was planned.On October 24, 2007, Microsoft announced that it had purchased a 1.6% share of Facebook for 0 million, giving Facebook a total implied value of around billion.Facebook has more than 2.2 billion monthly active users as of January 2018.

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