Facebook Inc is a Delaware corporation, incorporated in Delaware in July 2004. The Company is a social networking website which builds products that creates utility for users, developers, and advertisers. It helps people to discover and learn about what is going on in the world around them, enable people to share their opinions, ideas, photos and videos, and other activities with audiences ranging from their closest friends to the public, and stay connected everywhere by accessing its products, including Facebook, Instagram, Messenger and WhatsApp. It focuses on providing value for all kinds of marketers, including brand, direct response, small and medium-sized businesses, and developers. It helps them achieve their business objectives, whether it is driving online sales, in-store sales, or awareness of their brand. It has a sales force that attracts and retains marketers and provides support to them throughout the stages of the advertising campaign cycle from pre-purchase decision making to real-time optimizations to post-campaign analytics. The Company faces competition from several companies which include Google, which offer a variety of Internet products, services, content, and online advertising offerings, as well as from mobile companies and smaller Internet companies that offer products and services that may compete with specific Facebook features. The Company is subject to a number of U.S. federal and state, and foreign laws and regulations that affect companies conducting business on the Internet.
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