Facebook has recently implemented a few revisions to their policy with regards to the way they handle your data, and this came into effect after the network’s users submitted a vote. Probably the biggest change is that Facebook is now entitled to share your information among its list of affiliates that are spread all over the globe.
This leads to the question of who exactly are Facebook’s affiliates – well there are no less than 67 of them and they are spread out all around the globe. Facebook is a registered in Delaware, however they have formed various other companies all around the globe for a few key reasons, one of them being to avoid additional taxes; for this purpose, the social network giant has businesses in Luxembourg and Ireland. In addition to this, having businesses in various parts of the world entitles them to run local operations. They also use these companies to run their payments processes, and the majority of these affiliates came into operation in 2011. It is believed that they are likely looking to form separate businesses due to a variety of legal regulations that companies need to adhere to if they handle payments from consumers. .
Apart from all these strategic benefits, the company also has other affiliates due to numerous successful acquisitions. A few interesting facts on Facebook:
Some of Facebook’s most popular recent acquisitions include Instagram for $1 billion, Face.com for $100 million, as well as Threadsy, Spool, Lightbox, Glancee, Karma, Acrylic Software, and Tagtile. The company is certainly expanding its operations all over the globe and they do so cleverly too.
About the Author
Lorien Roux is a keen writer, entrepreneur and business owner who has written on various SEO, marketing, and business related topics for blogs and business owners throughout the globe.