Introduction Facebook is one of the most famous social networking sites at the moment. It was launched in February 2004 and it is owned by Mark Zuckerberg and his Harvard college roommates and fellow students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. The website at the start was only for Harvard students but it soon expanded to colleges in the Boston area, then the Ivy League and Stanford University. When the website first started it was called 'The Facebook ' but was later changed to just 'Facebook '. History of Facebook February 4, 2004 – Mark Zuckerberg and his friends start Facebook or as it was called at that time “The Facebook” June 2004 – Facebook gets its first investors. Peter Theil invests …show more content…
October 1, 2010 – The Social Network, a movie about the owners and history of Facebook, premiers. June 2010 – Facebook releases the popular ‘like’ button. September 2011 – Facebook introduces Timeline, the space on your profile where you can see your own posts, posts from friends and stories you 're tagged in organized by the date they were posted. February 1, 2012 - Facebook files for an initial public offering. April 24, 2012 – Facebook now has 900 million active users. May 18, 2012 – Facebook shares go on the stock market. The people that own parts of the company all control the financial structure of Facebook. They all get a say in the decisions that the company makes but since Mark Zuckerberg set up the company he has more control over the company financial decisions because he owns a larger part of the company. Facebook is one of the biggest free social website and many people wonder how they make money. They make it by advertising. About $11.5 billion (92 percent) of the company $12.6 billion in 2014 revenue came from ads. The types of ads that you see depend on your interests and your status updates. If you put down your interests as tennis, for example, then you will see a lot of tennis related ads popping up on your page. Basically Facebook shows you ads depending on your interests, status updates and also the pages that you like and
Click here to unlock this and over one million essaysGet Access
Facebook was made with good intentions by Harvard student, Mark Zuckerburg and fellow roommates in February of 2004. The site was designed for the school campus to share educational ideas. Later, access to Facebook opened up to Ivy League schools and then to all U.S. college universities. Eventually, Facebook caught on with gaining worldwide popularity, there is even a movie about the social networking giant. Tech savvy teens
Facebook is a major social networking site that connects users through text, post, and video all over the world. It was created by Mark Zuckerberg on February 4, 2004 at Cambridge, Massachusetts. It now has about 1 billion users and has grown to become the second most popular site ever. Facebook has enabled many people to communicate and share things online like never before. In can also raise support or awareness for a cause through facebook. This of course shows
Facebook is the biggest social media network on the internet with a massive following which continues to expand. Mark Zuckerberg alongside his college roommates created and launched the world’s most popular social media site on 4 February, 2004. Zuckerberg previously developed other sites for fellow students to
In 2004 Mark Zuckerberg decided to build a social networking site, one that would connect Harvard student to each other using their Harvard email. Under the name TheFaceBook, Zuckerberg achieved this goal and the social media network was founded. Just a week after he launched the site in 2004, Mark was accused by three Harvard seniors of having stolen the idea from them (Nicholas Carlson, 2010). The three Harvard students; Tyler Winklevoss, Cameron Winklevoss, and Divya Narendra later proceeded to accuse Mark Zuckerberg of stealing their idea. This accusation turned into a full-fledged lawsuit, which lead to the biggest obstacle Zuckerberg had to overcome to make Facebook what it is today.
Facebook was created in 2004 on the Harvard University Campus by one of its own students: Mark Zuckerberg. First restricted to students of Harvard’s University, it is then opened to other American universities before becoming accessible to all by September 2006. Since June 2015, 1.49 billion of people are registered on this website. This social network is now part of everyday life for nearly one fifth of the world population, it has redefined how we connect and communicate in the 21st century. It is therefore normal that a movie was devoted to its creation and expansion. David Fincher, based on the book by Ben Mezrich, “The Accidental Billionaires”, directed the movie.
A lot of people use social media to talk to friends and family in their everyday lives. One of the most popular among these sites is Facebook. Mark Zuckerberg is the CEO of Facebook which is a social media website with over one billion users. In 2013 its revenue topped over $6 billion. Mark launched the website while he was still in college and has since exploded in popularity and it’s easy to see
Facebook was started in 2004 as a social communication tool, initially for students. An article written by Jeffrey Burt claims that, Facebook which have been around here forever was invented by Mark Zucherberg’s dorm room in Harvard University (Burt). Facebook was used for students in Harvard University for a form of getting to know each other for students. Facebook was used to be called as “Facemash”. It was intended for students in Harvard University. After a few days Zucherberg shut down the website because of
When it comes to global brands, a lot of names come to mind that create lasting legacies and billion-dollar empires, and Facebook is certainly a juggernaut among them. The world 's largest social networking site as well as one of the world 's most valuable companies. Facebook has built an impact on the world in an incredible short amount of time by connecting and influencing millions of people of all ages around the whole world in the most profound ways possible with their breakthroughs in all fields of science, communication, technology, broadcasting and entertainment, revolutionizing the social media and startup market, among many other things, and it continues to evolve, and in doing so, it is also changing the way we see the world and connect with it.
On February 4th, 2004, Mark Elliot Zuckerberg (born May 14, 1984) launched Facebook. Facebook is a social media website that connects people from all around the world. Facebook initially limited the website 's membership to Harvard students, but later expanded it to colleges in the Boston area, the Ivy League, and Stanford University. It gradually added support for students at various other universities and later to high-school students. Since 2006, anyone who is at least 13 years old is allowed to become a registered user of the website.
Facebook Incorporated is a social media company based in the United States that founded Facebook in 2004 and later purchased Instagram and WhatsApp. These social media platforms are accessible in multiple countries through the internet and apps on cell phones and tablets. As of November 2016 Instagram has over 200 million users, Facebook has over 1.79 billion users, and WhatsApp has 500 million users (zephoria). None of the platforms charge a membership fee and are completely free to use. Facebook Incorporated makes a profit by charging third party companies for advertising to their users. In fiscal year 2015 the company had a revenue of 17,928 million (NASDAQ). Through these platforms a user is able to upload photos, videos, and message other users. Information including photos and videos from Instagram and WhatsApp are connected to an individual’s Facebook account. Facebook differentiates itself from the other two platforms by allowing a user to add information to their profile. This information includes: name, gender, birth date, email address, hometown, education, hobbies, interests, relationship status, sexual orientation, and current address. Facebook also utilizes a facial recognition system that can assist a user in tagging someone in a photo. All of the aforementioned user information is supposed to be protected and user controlled through a privacy agreement that one agrees to when signing up for a new account or when an updated agreement is released.
The history of Facebook begin on February 4, 2004 a Harvard University student Mark Zuckerberg launched www.TheFacebook.com with his friend to make a way for college students to make friend with each other (Caitlin). Its design was so basic back then and no one would have known how it becomes today. One year later, in 2005, the user expended to allow high schools and tech companies to use and the site name changed to “Facebook” only. Due to high demand in 2006, Facebook opened to everyone over the age of 13 with a valid email to use. And for the first time, the new-feed feature was launched. It allow user to see what other
The Facebook website was launched in 2004, by Mark Zuckerberg, along with fellow Harvard College students. The network was promptly extended to other Boston universities, the Ivy League and eventually all US universities. In June 2004, Facebook received first private investment from Peter Theil, the founder of PayPal. It became Facebook.com in August 2005 after the address was purchased for $200,000 and began to spread worldwide, reaching UK universities the following month (ICD 2016). By September 2006, the network was extended beyond educational