Facebook And Social Networking Sites

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 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

The social networking service, Facebook, was created by Mark Zuckerberg with his college roommate, who both attended Harvard University, and launched Facebook in February 2004 (Phillips, 2007). Once the social networking sight went viral, the website's membership was no longer limited to Harvard students- college students from the rest of the United States and Canada soon started to use the social media service (History of Facebook, 2014). Facebook has become so popular and globally spread, that it is now being used by individuals and businesses worldwide.

Mark Zuckerberg and his two friends started creating Facebook. They created their own profile, uploaded photos, and communicated with other users. He created Facebook within a week (Vital). Zuckerberg constantly had offers from different companies. Microsoft was one of the first companies to offer him money but he declined and walked away. Zuckerberg was offered $75 million from MTV but he walks away from it (Vital). He also got offers from Viacom, Yahoo, and Microsoft but declines all of them. Accel Partners invested $12.7 million into Facebook (Bio.com). Instead of accepting those offers he worked on expanding the site and adding more features. Zuckerberg had a big hurdle when Harvard Connection claimed that he had stolen their idea (Bio.com). The settlement reached between the two parties was $65 million over the legal dispute. Soon enough he finally opened Facebook up to the public in September 2006.

Mark Zuckerberg, at age 23 (along with college roommates Dustin Moskovitz, Eduardo Saverin, Andrew McCollum and Chris Hughes) launched “TheFacebook”, as it was originally called, in 2004 in his college dormitory in Harvard University. Within 24 hours, the page had become viral within the Harvard campus with 1200 students had signed up to Facebook. The website eventually expanded to other universities in the Boston area and then to eventually all universities in the U.S. It then changed its name to just Facebook.com the next year in August after the domain name of facebook.com had been bought for $200,000 USD. The following month in September, US high schools were eligible to sign up and expanding worldwide the following

Zuckerberg and his friends created a site that allowed users to create their own profiles, upload photos, and communicate with other users. The group ran the site first called, The Facebook, out of a dorm room at Harvard until June 2004. After his sophomore year, Zuckerberg dropped out of college to devote himself to Facebook full time, moving the company to Palo Alto, California. By the end of 2004, Facebook had 1 million users.

On February the 4th 2004, what was then known as “The Facebook” was created by a 19 year old Harvard Sophomore by the name of Mark Zuckerberg. Mark Zuckerberg is the Chairman, chief executive and one of five co-founders of Facebook. The other four include: Dustin Moskovitz (company 's first chief technology officer and vice president of engineering), Eduardo Saverin (chief financial officer and business manager) and Chris Hughes (spokesperson). Instantly becoming one a hit sensation at Harvard university, they decided to open up the website to Yale and Stanford earning a lot of media attention. They then dropped out of university to continue endorsing Facebook full-time on a national level. Today, it has become one of the largest social media network sites on the planet having 1.18 billion users as of August 2015. But, he was also accused of stealing the idea’s of Cameron Winklevoss, Tyler Winklevoss and Divya Nerandra. This then turned into a fully fledged lawsuit in 2004 but was dismissed as a technicality in 2007.

Facebook Inc. was founded on July 29, 2004 as a social networking company by Mark Zuckerberg. Before Facebook, Zuckerberg attended Harvard University as a psychology major. Facebook was originally called The Facebook and was created for the purpose of social networking for students that attended Harvard, it didn’t take long for Facebook to gain popularity (Reuters, 2015). Now, almost 11 years later Facebook is a $234 billion company with 1.19 billion active users. Facebook’s market cap is just under that of Walmart; which is the world’s largest retailer (Lange, 2015). Facebook incorporated has gained popularity for the ease of use for users to network all over the world. Even though many people only know of Facebook’s social networking aspects, Facebook owns a few applications and products, and has a huge project in the works called Internet.org; in which they have collaborated with big name companies to complete. Facebook’s success is thriving from the ability to make great investment that will benefit them later, along with engaging users in different aspects of social networking and always “Biggering and Bettering” their brand. The company’s goals, user interactions, the satisfaction of its users and overall business practices are what makes them so great,

Mark Zuckerberg, who at the time was a second year student at Harvard University, created Facebook on February 4, 2004(Carlson). When Facebook was originally created it was made only for Harvard University students (Wikipedia). But as time went on it expanded to allow students at colleges in the Boston area and Ivy League schools to make an account (Wikipedia). At first the websites purpose was to create profiles based off of individuals academic and business credentials,

The social media platform known as Facebook, is one of the most popular and widely used networks known to man. One can say almost everyone knows about the network, mothers, aunts, even grandmothers have made profiles. This website is definitely one of the most innovated ways to connect with those all over the world, using only the movement of your fingers. The genius behind the creation, Mark Zuckerberg, is now one of the richest men under 40-years-old. He is also the guy who set the bar for every other social media network out today. Although his journey in creating the familiar website is what would seem a short one, there are many events he dealt with that lead to the point of where he is now. Surely, there must have been contributions

Social networking sites (SNS) such as Facebook, Twitter, Skype, Pinterest, and MySpace are being used among adolescent and college age individuals for several hours per day. The overwhelming use of SNS within this younger generation has been studied in numerous journals. Cyber bulling has become a serious concern that directly relates to Facebook users that make up this younger generation. Although SNS are intended to be a portal that encourages positive connections and behavior, there have been studies that link depression to the increased use in SNS such as Facebook.

Mark Zuckerberg is credited as the founder of the social networking service, Facebook. During his sophomore year at Harvard, Zuckerberg first created an online website known as Facemash. The site would place images of two random Harvard girls together; users would be asked to select who was the more attractive female. Zuckerberg had hacked into Harvard’s computer network to obtain private student ID images to make Facemash possible. Facemash first launched on October 28, 2003; within just a few hours, the website had attracted over four hundred visitors and over twenty thousand photo hits. Harvard quickly shut down the website and Zuckerberg faced expulsion from the school due to a violation of

Mark Zuckerberg is the founder of Facebook. At Harvard University, he and his roommates launched the social networking site and then moved it to other college and university campuses, and finally nationwide before giving it to the world. By the age of only 23, Zuckerberg became a billionaire because of the success of Facebook.

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

The social sites these days are gaining a lot of popularity with almost all of the educated youth using one or more of the social networking sites. These have played a crucial in bridging boundaries and crossing the seas and enabling them to communicate on a common platform( Dinh ,2011).The increased use of social networking sites has become an international phenomenon in the past several years. Through these websites everyone connect with their peers , share information ,reinvent their personalities and showcase their social lives (Boyd , 2007).Many people have internet on their phone and a touch of a button check their mails ,their Facebook , movie times, their bank balances etc. Some people argue that the use of social sites in the workplace leads to better employee productivity such as higher morale and other argue that the use of social networking sites in the workplace regulate in loss of labour productivity due to time wasted at work (Wavecrest, 2006).In todays world Facebook , Twitter ,Myspace are common websites for people to meet and make acquaintances.