News

Facebook Has Officially Become A $1 Trillion Company

In recent news, Facebook has officially joined the $1 trillion club in the recent market close. As of now, the company’s market cap is at $1.008 trillion according to Yahoo Finance.

This was expected as the company has made huge profit not only through its parent platform Facebook but also from its divisions i.e. Messenger, Instagram, WhatsApp, and Oculus. Despite making it to the $1 trillion milestone, it is one of the rare companies to make it this far as the company started in the 2000s while tech giants such as Google started of fin the 90’s.

As of now, Facebook is currently working on new features and products to capture more of the commerce ecosystem. Moreover, the company looks ahead to more immersive ways to capture businesses for their respective platforms apart from mere advertisements.

Sponsored
Usman Aslam

A tech enthusiast, writer, researcher and strategist working on the latest technologies and making an impact. Usman has been heavily focused on building communities, empowering people through technological trends and advancements for over 3+ years including many notable names such as IEEE Region 10, TEDx, Google Developers, United Nations Programmes, Microsoft Partner Program and much more. Reach out: usman.aslam@techjuice.pk

Leave a Comment
Share
Published by
Usman Aslam
Tags: Facebook

Recent Posts

China’s Tencent Releases Large Language Model, Opens it For Enterprise Use

Capable of conversing in both Chinese and English, Tencent’s large language model ‘Hunyuan’ is claimed…

8 months ago

Apple Reportedly Spending ‘Million of Dollars Each Day’ for AI Training

Working on multiple AI models, Apple has allocated several teams who are working on artificial…

8 months ago

World’s Largest Wind Turbine Breaks Record For Power Generated In A Single Day-During A Typhoon

The world's largest offshore wind turbine has achieved a milestone by setting a new record…

8 months ago

YouTube Will Let You Play Mini Games Soon

YouTube is stepping into the world of gaming. YouTube has started testing out its gaming…

8 months ago

Pakistani Student Won First Position In Matric Exams of UAE

In a remarkable academic achievement, Abdullah Zaman, a Pakistani student hailing from Attock, has clinched…

8 months ago

‘Flying Bum’ World’s largest Aircraft Is Ready To Launch In 2026 With Hybrid Technology

Flying Bum, the world's largest aircraft is ready to launch in 2026. The Airlander 10…

8 months ago