What is the ? Facebook is a social networkingservice and website launched inFebruary 2004, operated and privatelyowned by Facebook Inc. As of April 2012, Facebook has morethan 901 millon active users.
How to use ? User must register before usingthe site, after which they maycreate a personal profile to addother users as friends andexhange messages, includingautomatic nofications when theyupdate their profile.
Additionally, users may join commoninterest users groups, organized byworkplace; school or college, or othercharacteristics, and categorize theirfriends into lists such as “People FromWork” or “Close Friends”. In fact, Facebook’s purpose ofpromotional was find old friends andtalk them again, but now it haschanged. Users can play games to spen theirfree time, add strangers to have morefriends, and subscribe to famous
History of Facebook Mark Zuckenberg wrote facemash,the predecessor to facebook, onOctober 28, 2003, while attendingHarvard as a sophomore. According to The Harvard Crimson,the site was comprable to “HOT orNOT”, and “used photos compiledfrom the facebooks of nine houses,placing two next to each other at atime and asking usesrs to choose“Hotter person”
To accomplish this, Zuckenberghacked into the protected areas ofHarvard’s computer network andcopied the houses’ private dormitoryIDimages. Harvard at that time didn’t have astudent “facebook”( a directory withphotos and basic information), thoughinvidual houses had been issuing theirown paper facebooks since mid-1980s. Facemash attracted 450 visitors and22,000 photo-views in its first four
The site was quicklyfowarded to severalcampus group list-servers, but was shutdown a few days later byadministration. Zuckenberg wascharged by theadministration withbreach of security,violating copyrights, andviolating individualprivacy, and faced
Zuckenberg expanded on this initialproject that semester by creating asocial study tool ahead of an arthistory final, by uploading 500Augustan images to a website, withone image per page along withcomment section. He opened the site up to hisclassmates, and people startedsharing their notes.
The following semester, Zuckenbergbegan writing code for a new websitein January 2004. He was inspired, he said by aneditorial in The Harvard Crimsonabout the Facemash incident. On February 4, 2004, Zuckenberglaunched “Thefacebook”, orginallylocated at thefacebook.com
Six days after site launched, threeHarvard seniors, CameronWinklevoss, Tyler Winklevoss, andDivya Narendra accused Zuckenbergof intentionally misleading them intobelieving he would help them build asocial network calledHarvardConnection.com, while he wasinstead using their ideas to build acompeting product. The three complained to the HarvardCrimson and the newspaper began aninvestigation.
The three later filed a lawsuit againstZuckenberg, subsequently settling. Membership was initially restricted tostudents of Harvard College, andwithin the first month, more than halfthe undergraduate population atHarvard was registered on service. Eduardo Saverin(business aspects),Dustin Moskovitz(programmer),Andrew McCollum(graphic artist), andChris Hughes soon joined Zuckenbergto help promote the website.
In March 2004, Facebook expandedto Standford, Columbia, and Yale. It soon opened to the other IvyLeauge schools, Boston YorkUniversty, MIT, and gradually mostuniversities in Canada and the UnitedStates. Facebook was incorporated in mid-2004, and the entrepreneur SeanParker, who had been informallyadvising Zuckerberg, became thecompanys president.
In June 2004, Facebook moved itsbase of operations to Palo Alto,California. It received its first investment laterthat month from PayPAl co-founderPeter Thiel. The company dropped The from itsname after purchasing the domainname facebook.com in 2005 for200,000$. Facebook launched a high-schoolversion in September 2005, whichZuckerberg called the next logical step
At that time, high-school networksrequired an invitation to join. Facebook later expanded membershipeligibility to employees of severalcompanies, including Apple Inc. andMicrosoft. Facebook was then opened onSeptember 26, 2006, to everyone of age13 and older with a valid email address. On October 24, 2007, Microsoftannounced that it had purchased a 1.6%share of Facebook for $240 million,giving Facebook a total implied value ofaround $15 billion
Microsofts purchase included rightsto place international ads onFacebook. In October 2008, Facebookannounced that it would set up itsinternational headquarters in Dublin,Ireland. In September 2009, Facebook saidthat it had turned cash-flow positive forthe first time.
In November 2010, based onSecondMarket Inc. an exchange forshares of privately held companies,Facebooks value was $41 billion(slightly surpassing eBay) and itbecame the third largest U.S. Webcompany after Google and Amazon. Traffic to Facebook increasedsteadily after 2009. More peoplevisited Facebook than Google for theweek ending March 13, 2010
In March 2011 it was reported thatFacebook removes approximately20,000 profiles from the site every dayfor various infractions, including spam,inappropriate content and underageuse, as part of its efforts to boostcyber security.
In early 2011, Facebook announcedplans to move to its newheadquarters, the former SunMıcrosystems campus in Menlo Park,California. Release of statistics by DoubleClickshowed that Facebook reached onetrillion pageviews in the month of June2011, making it the most visitedwebsite in the world.
It should however be noted thatGoogle and some of its selectedwebsites are not counted in theDoubleClick rankings. According to theNielsen Media Research study,released in December 2011,Facebook is the second mostaccessed website in the US.
In April 2012 Facebook bought theapplication Instagram for US$ 1 billion.
In March 2012 Facebook announcedApp Center, an online mobile storewhich sells applications that connectto Facebook. The store will beavailable to iPhone, Android andmobile web users.