When the country elected Barack Obama just four years ago, Twitter was a fledgling startup. During the campaign, Obama overtook Kevin Rose as the most followed person on Twitter, passing him at 56,482 followers.
Five years ago, according to Pew, less than half of Americans used email daily; less than a third used a search engine.
YouTube was founded in 2005 and Facebook in 2004 — and it would be a while after that until they became such integral parts of our day-to-day Internet experience.
Today nearly half of Americans own a smartphone. The iPhone is five years old.
As expected, Facebook completed it’s Initial Public Offering today raising a staggering $16 billion, bringing the total valuation of the uber social network to $104 billion, which makes it one of the biggest IPO’s filed ever.
Facebook just passed a momentous turning point in the number of active users it has. For a while, they were in the 800-850 million user threshold, but in an amendment to their S-1 IPO filing, they say they now have 901 million active users.
In November 2006, Google bought the video sharing powerhouse YouTube for an “astronomical” $1.65 billion. The first video was uploaded to YouTube on April 23rd, 2005. It quickly became the default site on the web to upload video clips of just about anything; dogs, cats, babies, and yes, some copyrighted stuff. You couldn’t discuss video on the web without mentioning YouTube. Does this story sound familiar at all? It sounds like what just happened with Instagram and Facebook, of course.
Well this is an interesting twist, but it was expected. After Yahoo! stupidly decided to sue the pants off of Facebook, Facebook has decided to volley this back to Yahoo! with a counter suit of their own. Facebook said they would defend themselves against Yahoo!, but I don’t think Yahoo! expected a counter suit.