Internet Software and Services
Company Overview of Facebook, Inc.
Facebook, Inc. operates as a social networking company worldwide. It builds various tools that enable users to connect, share, discover, and communicate with each other on mobile devices and computers. The company’s Facebook Platform is a set of development tools and application programming interfaces that enables developers to integrate with Facebook for creating social apps and Websites. As of December 31, 2012, it had 1.06 billion monthly active users and 618 million daily active users. The company has a strategic partnership with Trend Micro Inc. for educating and protecting users' digital lives against malicious sites and malware. Facebook, Inc. was incorporated in 2004 and is headquart...
1601 Willow Road
Menlo Park, CA 94025
Founded in 2004
Key Executives for Facebook, Inc.
Total Annual Compensation: $769.3K
Chief Financial Officer
Total Annual Compensation: $507.7K
Chief Operating Officer and Director
Total Annual Compensation: $597.9K
Total Annual Compensation: $873.3K
Chief Technology Officer and Vice President of Engineering
Total Annual Compensation: $487.5K
Compensation as of Fiscal Year 2012.
Facebook, Inc. Key Developments
Facebook Reportedly In Talks To Acquire Waze
May 9 13
Facebook, Inc. (NasdaqGS:FB) is reportedly in talks to acquire Waze Ltd. for $800 million to $1 billion. According to Calcalist, due diligence is going on after a term sheet was signed. According to Reuters, officials at Waze declined to comment on the report.
Facebook, Inc. Appoints Nicola Mendelsohn as New Vice-President for Europe, the Middle East, and Africa
May 9 13
The 41-year-old British advertising executive, Nicola Mendelsohn has just been made Facebook's new vice-president for Europe, the Middle East, and Africa. Mrs. Mendelsohn, who has forged a successful 15-year career working part-time, begins her role at the social media giant in July. The Manchester-born executive - who calls herself a proper Northern lass' - will oversee a team of nearly 1,000, including around 150 in Facebook's Covent Garden office.
Facebook Announces Management Changes
May 7 13
Facebook has appointed Karmarama executive chairman and former IPA president Nicola Mendelsohn as its vice president for Europe. She replaces Joanna Shields, who left Facebook's top European job in January 2013 to lead the government's investment group for technology startups, The Tech City Investment Organisation. When she starts her new role in July 2013, Mendelsohn will be responsible for growing Facebook's advertising revenue and improving relationships with brands across Europe, Central and Eastern Europe, Middle East, Africa and Russia. She will report to Carolyn Everson, Facebook's vice president of global marketing solutions. Mendelsohn has served as Karmarama executive chairman for five years, working with clients such as the BBC, Costa, Honda and B&Q. She will step down from the role when she joins Facebook. She is also a former IPA president and currently chairs the Creative Industries Council.
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