Market leader Facebook was the first social network to surpass one billion registered accounts and currently sits at more than 2.89 billion monthly active users.
The company currently also owns four of the biggest social media platforms, all with over one billion monthly active users each: Facebook (core platform), WhatsApp, Facebook Messenger, and Instagram. In the third quarter of 2021, Facebook reported over 3.58 billion monthly core Family product users.
This has coincided with a significant increase in potential legislation to restrict or outright ban the platform in the US.
Recently, TikTok has now been banned on government employee devices in South Dakota because the governor believes the social media app’s ownership by a Chinese company poses a national security threat.