Facebook Is The World 's Second Largest Social Networking Site

Shortly after Myspace, Facebook began in 2004. Mark Zuckerberg, a student and computer programmer at

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

February 2004 saw the launch of Facebook (Facebook.com) It’s creator Mark Zuckerberg launched the site with co-founders and room mates Dustin Moskovitz, Chris Hughes and Eduardo

First is the advertising. According to the case, we know that the major revenue of Facebook is advertising, which took up 98 percent in 2009, 95 percent in 2010 and 85 percent in 2011. Facebook uses all information uploaded by users to become the property of the firm. By analyzing database, Facebook provides advertisers target customized services and products based on users’ preferences and connections. In its view, the advertising which based on social

Facebook Inc., an organization operating in the social media industry. It is founded by its current CEO mark Zakarburg in 2004. The company is offering social networking services globally. They started the facebook services from Harvard university where the first bunch 1200 students joined the network. Lately, network extended to other US universities and in September 2005, the network further extended to UK universities. In September 2006, membership of Facebook opened to anyone. Still the membership of the Facebook remains free of cost. The major revenue activity of the Facebook is the advertisements of the products on Facebook network.

Facebook, founded in 2004 by Mark Zuckerberg, started off as an educational website for high schools and colleges and is now an app and one of the most popular forms of social media. Facebook is free to join and with millions of users, Facebook earns its wealth by advertisement. Advertisement is a huge form of communication because it is trying to get people to become familiar with their product. Yahoo and Google also want to buy Facebook because of how many users there are, “Yahoo and Google are among

The presence of internet advertising will be an excellent complement to traditional media advertising and may end up becoming one of the priorities of advertisers. For now, more and more ads in the media show the direction taken by advertisers along with customer care and other services of interest. User forums, blogs and social networking sites like Facebook and Twitter are invaluable resources for monitoring companies' reputations and interests of consumers of services and products.

Facebook is a social network created by Mark Zuckerberg. He made it while he was at Harvard University in 2004, along with Eduardo Saverin. It was originally known as ‘Thefacebook’, until they changed it in 2005, along with the purchase of the relevant domain name for $200,000.

Mark Zuckerberg founded Facebook when he was 23 years old while he attended Harvard University. Zuckerberg went to Harvard to study psychology and while he went there he developed a number of social networking sites that allowed students to view other students with the same degree and others where users could rate people’s attractiveness. When Facebook was first launched in February of 2004 it was called “The Facebook”. 1,200 Harvard students signed up and had a Facebook profile within the first 24 hours it was launched and after a month half of the undergraduate students at Harvard had a profile (Phillips, Sarah, Brief History of Facebook). The network soon began to expand to other Ivy League schools and eventually to all U.S. universities. It became Facebook.com in 2005, shortly after U.S. High Schools could sign up and Facebook began to spread worldwide (Phillips, Sarah, Brief History of Facebook). In 2006 anyone with a registered email address could sign up and get a profile. Facebook is free to join, the site makes its profits from advertisements.

at Harvard University. At the time it was just a coding project in Mark Zuckerberg 's Havard dorm

In 2012, Facebook’s sales reached 5.09 billion, the majority of revenue coming from advertising services and social gaming fees charged to platform developers (Floating Facebook: The value of friendship, “The Economist). Although,

When one joins a social networking site, they basically sign their rights over to that site (Friends Without Boarders). Many people do not read the terms and conditions when making an account to begin with, so they never know what they are really getting into (Friends Without Boarders). For instance, did you know on Facebook when someone joins, it automatically allows Facebook to access their information? They collect data from their members off of third party websites, so they can tailor the website towards them and their interests (Friends Without Boarders). One specific way in which Facebook does this is through banner advertisements. Facebook has over 176 billion banner ads that show up in the first three months of membership alone (Friends Without Boarders)! What is unique about these advertisements is that they are different on every single person’s page. These specific advertisements are based off of what each member ‘likes’ on Facebook, or other websites that have the option (Friends Without Boarders). In addition to likes, the more updates Facebook gets someone to share and the more preferences they make public, the more data there is to pool for advertisers (Friends Without Boarders). As if this was not already enough Facebook also introduced something called “peer pressure advertising.” This means if someone’s friend clicks the ‘like’ button they will soon find an ad on their Facebook page suggesting it. This information is then shared on other websites, so that

We are now living in a cyber-world, where everything is connected using internet. We use internet to connect anything from machine to machine, country to country, and most important – to connect people from the entire world. In recent years, people are becoming more and more interested in social networking sites. On top of that, Facebook is the most popular and widely use one. a study in 2013 show that more than 500 million people spend about 700 billion minutes on Facebook per month and half of them log into their account in a given day, and average user has about 130 contacts (Mustafa). And now the number is triple higher only after 2 years. The company potential valuation up to $100 billion in 2012, and keep growing. The success of Facebook is undeniable, but the company still very young and try to figure it out how it will become and make profits.

Facebook is a social networking site (SNS) where people can communicate with one another, share photos and posts, and poke one another. Numerous studies have been conducted concerning Facebook, and an array of social and psychological theories have been used to study the SNS. When I was looking through my profile from over the years, I began to notice characteristics about me that I tried to present to my audience. Self-esteem issues were present in my profile, and the social comparison theory related well to the feelings and thoughts I encountered when viewing the profiles of other users. Display rules allow a false sense of self because we only show others what we think is “appropriate” (Aronson, Wilson, & Akert, 2013). Concerning social perception, I was able to relate my profile to internal and external attribution. Analyzing my profile was not easy, but I learned a great deal about myself in the process.