Facebook, Tumblr, Twitter
BY ALEC S.
Facebook is made and released by Mark Zuckerberg, Eduardo Saverin, Dustin Moskovitz and Chris Hughes and is called 'thefacebook'
Peter Thiel invests $500,00 into the company. The creator of Napster, Sean Parker becomes the new president for the company.
Cameron and Tyler Winklevoss sue Mark Zuckerberg, saying he stole the idea of facebook from them. The lawsuits would be eventually dropped in 2011.
Facebook rejects an offer of $75 million from media giant Viacom.
Facebook rejects an offer of $1 billion from Yahoo!.
A 1.4% stake from Facebook is bought by Microsoft. Facebook is valued to be $15 billion.
100 million users now actively use Facebook.
Facebook rises above Myspace and is announced the world's largest online social network.
Facebook creates the 'Like' button which becomes loved and used in for recreational as well as business and advertisement purposes.
Movie is made about the history of Facebook and the problems between Mark Zuckerberg, Saverin, Cameron and Tyler WInklevoss.
Facebook creates the 'Timeline' setup for facebook users which organizes everything of 'your' history on your wall into a timeline format.
Facebook reaches the 900 million active users bookmark.
Facebook releases shares onto the stock market. Facebook company presumed to be $114 billion or 8 times the value it was when it got it's first big investors.
Tumblr is created by David Karp and Marco Arment as the co-founder. John Maloney is the first president of the company.
Garette Ross and Jeff Rock create the Tumblr app calling it the 'Tumblerette'.
BusinessWeekly calls David Karp the Best young tech Entrepreneur.
Tumblr is released as an app for blackberry cell phones.
The Co-founder Marco Arment leaves the Tumblr Company.
Tumblr passes Wordpress having more than 20 million bloggers.
Tumblr reaches more than 40 million blogs.
Tumblr has reached the point at which it has more than 102 million blogs on the site.
Jack Dorsey comes up with the idea of using sms system to communicate with a group(s).
Developers create and change the sms short code into 40404 to make it easier to remember.
Jack Dorsey messages the first ever twitter message. "just setting up my twttr".
The twitter system and site is released for the public to use after it had been tested.
Biz Stone, Evan Williams, Jack Dorsey and Twitter gains all of the assets of Odeo.
During the South by Southwest Festival, twitter use increases from 20,000 to 60,00 tweets per day.
Per quarter, 100 million tweets are posted.
Two billion tweets are being posted per quarter.
Users post more than 50 million tweets per day.
There are more than 70,000 people registered and active users on Twitter.
Adam Bain is made to the new president of revenue in the Twitter company.
Evan Williams decides to not be the CEO of twitter but to focus on product strategie and lets Dick Costolo become the new CEO.
Twitter now has over 500 million people registered (and gaining), making over 340 million tweets daily.