Facebook is betting on the web and 'open source'

Thomas Claburn | Information Week | May 16, 2012

"Like non-profit Mozilla, Facebook is betting everything on the Web and open technologies."

"Facebook relies on and contributes to a number of open source projects that form its technological spine. With open source tools, user data, and its social advertising platform, the company earned $3.7 billion in revenue last year. That's anywhere from 10 times to 30 times less than Google, Microsoft, and Apple each earned in 2011, but Facebook aims to narrow that gap. Having the attention of some 845 million users every month could help it do so."