History of Facebook investigate whether banks underwriting Facebook had improperly shared information only with select clients, rather than the general public. Massachusetts Secretary of State William Galvin subpeonaed Morgan Stanley over the same issue. The allegations sparked "fury" among some investors and led to the immediate filing of several lawsuits, one of them a class action suit claiming more than $2.5 billion in losses due to the IPO. Bloomberg estimated that retail investors may have lost approximately $630 million on Facebook stock since its debut. History of Facebook Facebook is a social networking service launched on February 4, 2004. It was founded by
Investment in social media brought in the US, with searches for the ASOS trademark soaring by over 50%. Investing in a company’s engagement in social media undoubtedly has its benefits. Activity on social networking platforms such as Facebook as an example can lead to increased traffic that the company’s website receives via these referrals. A common way to measure website traffic can be done by comparing search engine rankings through SEO(Search Engine Optimisation) – mentions, sharing and the traffic of websites are positive signals of popularity; stamping the authority of many brand's websites and allowing them to rank highly among their competitors. Activity on