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Key dates, founders, acquisitions and milestones in social media history!
1. Which company owns TikTok?
💡 TikTok is owned by ByteDance, a Chinese technology company founded by Zhang Yiming in 2012 and headquartered in Beijing.
2. Who founded LinkedIn?
💡 Reid Hoffman co-founded LinkedIn in 2002, launching it in May 2003. Microsoft acquired LinkedIn in 2016 for $26.2 billion.
3. In what year did Instagram launch?
💡 Instagram launched on October 6, 2010 and gained 1 million users in just two months before being acquired by Facebook in 2012.
4. What is "Threads" by Meta?
💡 Meta launched Threads in July 2023 as a text-based platform integrated with Instagram, gaining 100 million users in its first 5 days.
5. When did TikTok launch internationally (outside China)?
💡 TikTok launched internationally in 2018 after ByteDance merged it with Musical.ly. It exploded in popularity during the COVID-19 pandemic in 2020.
6. When did WhatsApp launch?
💡 WhatsApp was founded by Jan Koum and Brian Acton in 2009 and acquired by Facebook (Meta) in 2014 for $19 billion.
7. What was Facebook originally called?
💡 Facebook was originally called "TheFacebook" when Mark Zuckerberg launched it in February 2004 at Harvard University.
8. What was the original name of Snapchat?
💡 Snapchat was originally called Picaboo when it launched in 2011 before being renamed Snapchat in September 2012.
9. Who founded YouTube?
💡 YouTube was founded in February 2005 by Steve Chen, Chad Hurley, and Jawed Karim — all former PayPal employees.
10. For how much did Facebook acquire Instagram in 2012?
💡 Facebook acquired Instagram in April 2012 for approximately $1 billion in cash and stock — considered one of the best acquisitions in tech history.
11. What company owns Snapchat?
💡 Snapchat is owned by Snap Inc., the company founded by Evan Spiegel and Bobby Murphy which went public in 2017.
12. Which was the first major social networking site?
💡 Six Degrees, launched in 1997, is widely considered the first recognizable social network, allowing users to create profiles and list friends.
13. What is Elon Musk's major change after acquiring Twitter in 2022?
💡 Elon Musk acquired Twitter for $44 billion in October 2022, subsequently rebranding it as X and launching X Premium with paid verification.
14. Who founded Twitter?
💡 Jack Dorsey co-founded Twitter in 2006 along with Noah Glass, Biz Stone, and Evan Williams. He also co-founded Square (now Block).
15. For how much did Google acquire YouTube in 2006?
💡 Google acquired YouTube in October 2006 for $1.65 billion in stock — considered one of the most successful acquisitions in tech history.