Facebook is looking to cash in on the social media revolution that has swept the world and the US.
The social network said Wednesday that it had raised $50 million from investors including venture capital firm Andreessen Horowitz, a venture capital fund led by investor Peter Thiel and the Carlyle Group, which is backed by Microsoft founder Paul Allen.
Facebook also announced a new “social media partnership” with The Washington Post, adding a partnership with a new digital media platform that will let users post and share news, photos, videos and photos.
Facebook has more than 300 million monthly active users in more than 180 countries.
“We’re focused on making the world a better place, and building a community that’s better for everyone,” Zuckerberg said in a statement.
The announcement comes as Facebook faces mounting criticism over a series of privacy issues, including the company’s decision to share users’ personal information with advertisers.
The company has also faced criticism for allowing users to share photos without permission.
Zuckerberg, the Facebook founder, has come under pressure to step down amid a public campaign by Democratic lawmakers, celebrities and privacy advocates to stop him from taking over as CEO.
But the company has remained defiant, saying Wednesday that its business model is sustainable and it is focused on providing users with a better experience than ever.
The news of the Facebook funding comes on the heels of a report that the company had received $250 million in venture capital funding, including from the Carlyled Group, according to The Wall Street Journal.
The money, though, is expected to be used to continue improving its product.
The investment in the Post comes as the company continues to face criticism over the privacy practices of its social network.
Facebook was founded in 2004 as an alternative to Google, and its initial product was called “Facebook Messenger,” which was later renamed to “Facebook.”
In 2014, Facebook announced a change to its social media platform, saying it would remove posts that “encourage violence against people.”
It also announced it would expand its advertising business, adding brands like PepsiCo and Kraft Foods.
The Wall St Journal reported that the Post, which has been criticized for its content, was shuttered in April because of its heavy usage.
Zuckerberg said Wednesday’s investment in The Post was “a significant step” in a series.
“The Post’s focus on empowering people to share and discover content is important, and we want to support this effort by investing in new ways to help people engage with and connect with one another,” Zuckerberg wrote.
Zuckerberg also said he plans to use the money to expand its social sharing platform, called Facebook Spaces, which will be a hub for users to create and share photos, video, maps, memes and other content.
Facebook’s stock, which had dropped to $13.72 on Wednesday, has recovered somewhat since the announcement.
But it still has a long way to go before it becomes the leader in the social networking space.
Facebook launched in 2004 and became a dominant player in the world of online messaging and online advertising in the mid-2000s.
Facebook, along with Google, has been hit with lawsuits by users and privacy activists, who say the companies track users’ activity by collecting, storing and sharing their data without their permission.
The companies have responded by arguing that they are using technology that helps users better understand the world around them and provide relevant information.
Facebook says it has “always been committed to helping people understand the way the world works and share the experiences they want.”
Zuckerberg has previously said he wanted to create a platform that would help people understand how the world functions and be able to create communities and relationships that were more meaningful.
He has also said the company would be transparent and transparent about the information it collects.
“Facebook has a lot of data that it uses for advertising and product placement,” Zuckerberg told reporters last month.