Facebook Inc. was first set up as an unassuming website created for the purposes of communication between Harvard students in 2004 by Mark Zuckerberg and his friends. Within two years, people over the age of 16 from every corner of the world could access it for free. Today it receives about 2 billion registered users every month. The network still remains free of charge, as its giant incomes come from Facebook advertisers. Instagram, Oculus VR, and WhatsApp after being purchased from their designers have played their part too by speedily developing into popular company's services.
Along with purchasing of ready for service promising projects, Facebook invests in artificial intelligence and virtual reality researches. In particular, Zuckerberg plans to make it possible for the system to recognize the user's emotions. In cooperation with Microsoft, the company is working on some improvements to the technical characteristics, sponsoring the cable installation on under the Atlantic Ocean. Financial growth of Facebook Inc. is steady over the years; its shares are among the most reliable long-term investments. As of the previous year, the Company's annual amount of business was about $40 billion with a net profit of almost 16 billion. Taking into consideration youth, a rare intuition for good investments as well as the brilliant intellect of Facebook founder Mark Zuckerberg, who owns 56% of the company. At all accounts, the business has wonderful prospects.
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