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Facebook is an American for-profit corporation and an online social media and social networking service based in Menlo Park, California. The Facebook website was. Features news, weather, sports scores, webcams, school closings, and items of interest. NASA astronaut and biochemist Peggy Whitson will return to Earth as the planet’s new record holder for longest time cumulatively spent on space by an American or a. Publishers in the advertising field: marketing to consumers, business-to-business, marketing across borders, and the creative world.
Facebook - Wikipedia. Facebook is an American for- profit corporation and an online social media and social networking service based in Menlo Park, California.
The Facebook website was launched on February 4, 2. Mark Zuckerberg, along with fellow Harvard College students and roommates, Eduardo Saverin, Andrew Mc. Collum, Dustin Moskovitz, and Chris Hughes.[5][6]The founders had initially limited the website's membership to Harvard students; however, later they expanded it to higher education institutions in the Boston area, the Ivy League schools, and Stanford University. Facebook gradually added support for students at various other universities, and eventually to high school students as well.
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Since 2. 00. 6, anyone who claims to be at least 1. Facebook, though variations exist in the minimum age requirement, depending on applicable local laws.[7] The Facebook name comes from the face book directories often given to United States university students.[8]Facebook may be accessed by a large range of desktops, laptops, tablet computers, and smartphones over the Internet and mobile networks.
After registering to use the site, users can create a user profile indicating their name, occupation, schools attended and so on. Users can add other users as "friends", exchange messages, post status updates and digital photos, share digital videos and links, use various software applications ("apps"), and receive notifications when others update their profiles or make posts.
Additionally, users may join common- interest user groups organized by workplace, school, hobbies or other topics, and categorize their friends into lists such as "People From Work" or "Close Friends". In groups, editors can pin posts to top. Additionally, users can complain about or block unpleasant people. Because of the large volume of data that users submit to the service, Facebook has come under scrutiny for its privacy policies. Facebook makes most of its revenue from advertisements which appear onscreen, marketing access for its customers to its users and offering highly selective advertising opportunities.[9]Facebook, Inc. IPO) in February 2. On July 1. 3, 2. 01.
Facebook became the fastest company in the Standard & Poor's 5. Index to reach a market cap of $2. Facebook has more than 2 billion monthly active users as of June 2. As of April 2. 01. Facebook was the most popular social networking site in the world, based on the number of active user accounts.[1. Facebook classifies users from the ages of 1. History. 20. 03–2.
Thefacebook, Thiel investment, and name change. Zuckerberg wrote a program called "Facemash" in 2. Harvard University as a sophomore (second year student). According to The Harvard Crimson, the site was comparable to Hot or Not and used "photos compiled from the online facebooks of nine Houses, placing two next to each other at a time and asking users to choose the “hotter” person".[1. Facemash attracted 4. The Facemash site was quickly forwarded to several campus group list- servers, but was shut down a few days later by the Harvard administration. Zuckerberg faced expulsion and was charged by the administration with breach of security, violating copyrights, and violating individual privacy.
Ultimately, the charges were dropped.[1. Zuckerberg expanded on this initial project that semester by creating a social study tool ahead of an art history final exam. He uploaded all art images to a website, each of which was featured with a corresponding comments section, then shared the site with his classmates, and people started sharing notes.[1. Original layout and name of Thefacebook, 2. A "face book" is a student directory featuring photos and basic information.[1. In 2. 00. 3, there were no universal online facebooks at Harvard, with only paper sheets distributed[1.
Zuckerberg told the Crimson that "Everyone’s been talking a lot about a universal face book within Harvard. I think it’s kind of silly that it would take the University a couple of years to get around to it. I can do it better than they can, and I can do it in a week."[1. In January 2. 00. The Bachelor Australia Season 4 Winner. Zuckerberg began writing code for a new website, known as "The. Facebook", with the inspiration coming from an editorial in the Crimson about Facemash, stating that "It is clear that the technology needed to create a centralized Website is readily available ..
On February 4, 2. Zuckerberg launched "The. Facebook", originally located at thefacebook. Six days after the site launched, Harvard seniors Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra accused Zuckerberg of intentionally misleading them into believing that he would help them build a social network called Harvard. Connection. com. They claimed that he was instead using their ideas to build a competing product.[2. The three complained to The Harvard Crimson and the newspaper began an investigation. They later filed a lawsuit against Zuckerberg, subsequently settling in 2.
Facebook's IPO).[2. Membership was initially restricted to students of Harvard College; within the first month, more than half the undergraduates at Harvard were registered on the service.[6]Eduardo Saverin (business aspects), Dustin Moskovitz (programmer), Andrew Mc. Collum (graphic artist), and Chris Hughes joined Zuckerberg to help promote the website. In March 2. 00. 4, Facebook expanded to the universities of Columbia, Stanford, and Yale.[2. It later opened to all Ivy League colleges, Boston University, New York University, MIT, and gradually most universities in the United States and Canada.[2. In mid- 2. 00. 4, entrepreneur Sean Parker—an informal advisor to Zuckerberg—became the company's president.[2. In June 2. 00. 4, Facebook moved its operations base to Palo Alto, California.[2.
It received its first investment later that month from Pay. Pal co- founder Peter Thiel.[2. In 2. 00. 5, the company dropped "the" from its name after purchasing the domain name facebook.
US$2. 00,0. 00.[3. The domain facebook. About. Face Corporation before the purchase. This website last appeared on April 8, 2.
April 1. 0, 2. 00. August 4, 2. 00. 5, this domain gave a 4.
In May 2. 00. 5, Accel Partners invested $1. Facebook, and Jim Breyer[3. A high- school version of the site was launched in September 2. Zuckerberg called the next logical step.[3. At the time, high- school networks required an invitation to join.)[3. Facebook also expanded membership eligibility to employees of several companies, including Apple Inc. Microsoft.[3. 6]2.
Public access, Microsoft alliance and rapid growth. On September 2. 6, 2. Facebook was opened to everyone at least 1. In late 2. 00. 7, Facebook had 1. These started as group pages, but a new concept called company pages was planned.[4. Pages began rolling out for businesses in May 2. On October 2. 4, 2.
Microsoft announced that it had purchased a 1. Facebook for $2. 40 million, giving Facebook a total implied value of around $1. Microsoft's purchase included rights to place international advertisements on the social networking site.[4. In October 2. 00.
Facebook announced that it would set up its international headquarters in Dublin, Ireland.[4. Almost a year later, in September 2. Facebook said that it had turned cash- flow positive for the first time.[4. A January 2. 00. 9 Compete. Facebook the most used social networking service by worldwide monthly active users.[4. Entertainment Weekly included the site on its end- of- the- decade "best- of" list saying, "How on earth did we stalk our exes, remember our co- workers' birthdays, bug our friends, and play a rousing game of Scrabulous before Facebook?"[4. Traffic to Facebook increased steadily after 2.
The company announced 5. July 2. 01. 0,[4. Facebook daily, for an average of 3. A company representative called the milestone a "quiet revolution."[4. In November 2. 01. Second. Market Inc. Facebook's value was $4.
The company had slightly surpassed e. Bay to become the third largest American web company after Google and Amazon.
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