Facebook has a market evaluation of over 930 billion dollars today. That’s billion with a B — and just shy of becoming a trillion-dollar company.

Google Joins Apple to Cancel Facebook’s Trillion-Dollar Empire Dream

submited by
Style Pass
2021-06-18 16:30:17

Facebook has a market evaluation of over 930 billion dollars today. That’s billion with a B — and just shy of becoming a trillion-dollar company.

Through shrewd acquisitions, blatantly copying the exclusivity of rivals (read: Snapchat, TikTok), Facebook has managed to become an integral part of our lives in less than a decade.

We all use their free services like Instagram and WhatsApp almost every day. Even if you try staying away from the Facebook family of apps — be it by uninstalling, deactivating your profile, the company still knows who you are and continues to build a shadow profile.

Some might wonder how’s that possible? Especially since they’re not on the app. Others’ would ponder over Facebook’s evergrowing market valuation and how it’s even justified? More so, since the social media giant doesn’t charge a penny for its products.

And that’s how Facebook still manages to stay free of cost today. It’s also the same reason why the company manages to track you even if you aren’t using their apps.

Leave a Comment