How COVID-19 has impacted Facebook and measures they’ve taken as a business to combat it. Read on below.
Our aim is to help you buy Facebook shares armed with as much research and information as possible.
Below we’ve aggregated up to date information on Facebook including a detailed coronavirus section, full company information and live share prices and trend graphs. We’ve also added a step by step guide showing you exactly how to buy Facebook shares.
A forerunner in the field of social media, Facebook, Inc. was developed primarily for college students to meet and connect. It expanded and now is available to anyone registering as age 13 or older. It maintains connectivity through any device with internet capabilities. It is controversial in regard to privacy issues, fake news, political manipulation and other issues.
Its website cites its purpose as “Give people the power to build community and bring the world closer together.” They feel this is achieved by helping people stay connected no matter where they are located, messaging, story telling and sharing, and business advertising.
Launched in 2004 by Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes, it now incorporates subsidiaries of WhatsApp, Onavo, LiveRail, Oculus VR, PrivateCore, It is sold on NASDAQ as FB and headquartered in Menlo Park, California.
The use of social media in relation to the Coronavirus has mixed effect. While affording a platform for communication, it also provides the source for emotional release.
Posts can also promote the distribution of misinformation. In some instances time spent on Facebook has increased by 70%. At the same time, it risks the loss of revenue especially from small business operations. In addition, media giants rely on Asian suppliers, which has been hardest hit by the virus.
APRIL 24th
Messenger Rooms is launched. It is open to anyone through a video call even if they do not participate in Facebook.
It is expected that the Rooms will hold up to 50 individuals with no time limit. They are available through News Feed, Groups and Events.
June 30th
Articles in News Feed will be prioritized as original reporting on the developing information.
July 6th
Facebook has partnered and funded infrastructures to bring internet capabilities to underserved areas. They estimate that their programs will generate over $200 billion in economic growth in sub-Saharan Africa and Latin America over the next five-year period.
July 8th
Facebook announced the removal of four separate networks for violating the policy against foreign interference and “coordinated inauthentic behavior”.
July 16th
Facebook announced that it is continuing to promote good information during the health crisis, support relief efforts, and continuing to keep people connected.
It’s a very simple and straightforward process to getting started and owning a share of Facebook. Our step by step guide below will show you just how easy.
1. Pick a share trading platform.
We’ve provided a selection below to help you choose (many come with an app that you can manage from your phone).
2. Open an account with your chosen trading platform.
As with any account you’l be required to identify yourself with some personal details to make sure you are who you say you are.
3. Add a payment method.
You’ll be securely transferring money to your share trading platform in order to buy the shares, so you’ll need to add a way to pay.
4. Search for the company you want to buy shares in.
Each share trading platform has a simple way to locate the company you’ve identified.
5. Buy the shares.
Make sure you check the share price of the company you’re investing in and how much you’re investing (and ensure you’re happy with both) before you click the ‘buy’ button.
And that’s it, you’re now a shareholder. Congratulations!
We’ve compared the top trading platforms side by side, so you don’t have to. Choose the platform that suits your needs best.
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