Facebook!!
American company offering online social networking services. Facebook was founded as a social networking Web site in 2004 by Mark Zuckerberg ( Founder, CEO & President of Facebook, Net worth $2 billion ), Dustin Moskovitz, and Chris Hughes, all of whom were students at Harvard University.
Membership was initially limited to Harvard students but gradually expanded to include all college students, high school students, and, eventually, anyone past age 13. The site generates revenue through advertising. Facebook headquarters are in Palo Alto, Calif.
About Zuckerberg, the Founder!
Zuckerberg is responsible for setting the overall direction and product strategy for Facebook. He leads the design of Facebook’s service and development of its core technology and infrastructure.
Earlier in life, Zuckerberg developed a music recommendation system called Synapse and a peer-to-peer client called Wirehog. However, he abandoned both to pursue new projects.
Zuckerberg attended Harvard University and studied computer science before founding Facebook.
While at Harvard, Zuckerberg created Facemash, a website that compared students’ dorm photos side-by-side in a fashion similar toHOT or NOT. Harvard administration was not amused, and Zuckerberg faced subsequent disciplinary action. Less than three months later, he launched Facebook.
Zuckerberg won the 2007 Crunchie Award for ‘Best Startup CEO.’
Time Magazine added Zuckerberg as one of The World's Most Influential People of 2008. He fell under the Scientists & Thinkers category for his web phenomenon, Facebook, and ranked 52 out of 101 people.
Rich and Famous is all about the Girl’s Boys
Access to Facebook online is free of charge. New users can create profiles, upload photos, join a preexisting network, and start new networks. The site has many components, including the Wall, a space on each user's profile page where friends can post messages; Status, which enables users to alert friends to their current location or situation; and News Feed, which informs users of changes to a friend's profile.
Facebook added numerous features following its inception. For example, it allowed users to create their own blogs starting in August 2006. In February 2007 it launched Gifts, which allowed users to send virtual gifts (icons) to friends for a nominal fee. A few months later the company launched Facebook Marketplace, which allowed users to post free classified ads, and Facebook Platform, which enabled users to create new applications that interacted with or enhanced existing Facebook applications.
In June 2008 the company made part of its software code open source (essentiallycopyright free), as Facebook Open Platform, in order to entice more third-party software developers into writing applications that enhance the features in its social networking site. This move was widely seen as a response to one of its competitors, Google, which launched Open Social in November 2007 in order to make it easier for developers to write applications for MySpace and other competing social networking sites. In November 2007 Facebook launched Facebook Beacon, which allowed users to share information from other Web sites, including information about their activities on those Web sites.
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