Facebook History

Facebook is a social networking service and website launched in February 2004, owned and operated by Facebook, Inc. in May 2012, Facebook has more than 900 million active users, more than half use a mobile device. Users have to register before you can use this site. After that, users can create a personal profile, add other users as friends and exchange messages,
including automatic notifications when they update their profile. In addition, users can join the Group of users with similar interest, sorted by work, school or College, or other characteristic, and classify their friends into lists like "Coworker" or "close friends". The service name is derived from the name of the book is given to students in the academic year first by some universities in the United States Administration with the aim of helping students get to know each other. Facebook allows anyone at least 13 years old to become a registered user on this site.

Facebook was founded by Mark Zuckerberg with her roommate and fellow computer science students Eduardo Saverin, Dustin Moskovitz and Chris Hughes. Website membership was originally limited to Harvard students, then expanded to other colleges in Boston, the Ivy League, and Stanford University. This site is slowly opening up to students at other universities before it opened to high school students, and eventually for everyone who is at least 13 years old. Even so, according to Consumer Reports survey in May 2011, there are 7.5 million children under the age of 13 who has a Facebook account and 5 million more under 10 years, thus violating the terms of service of this site.

In January 2009 Compete.com study puts Facebook as a social networking service that is most widely used according to the amount of monthly active users around the world. Entertainment Weekly put it on my list of "best of" the end of the decade with the comment, "How are we stalking ex-lover, remembering the birthdays of our co-workers, interferes with our friends, and play Scrabulous before Facebook was created?" Quantcast estimates Myspace 138,9 million monthly visitors have in the us in May 2011. According to Social Media Today in April 2010, about 41.6% of the population United States have Facebook account. Even so, the growth of the market began to fall in some Facebook territory with the loss of 7 million active users in the United States and Canada in May 2011.

Mark Zuckerberg created Facemash, the predecessor of Facebook, on 28 October 2003 while at Harvard as a sophomore. According to The Harvard Crimson, the site is similar to Hot or Not, and use "photo obtained from Facebook online at nine boarders, putting two images side by side at a time and asking users to choose which one the sexiest".

To accomplish this, Zuckerberg paved to the Harvard computer network which is protected and copy images of private dormitory ID. Harvard at that time did not have a "face book" (the directory containing photos and basic information) students. Attract visitors and Facemash 450 22,000 display photos on your first four broadcasts.

This site is directly forwarded to several campus group, but the server is shut down a few days later by the Harvard administration. Zuckerberg convicted Pierce campus security, violating copyrights, and violating individual privacy, and threatened issued. However, the sentence was suspended. Zuckerberg expanded on this initial project that semester by creating tools to confront the social studies test the final art history, by uploading 500 paintings of Augusta to the website, with one image per page along with a comment box. He opened the site to the classmates, and they begin to share notes.

In the next semester, Zuckerberg began writing code for a new website in January 2004. He was inspired, he said, by The Harvard Crimson editorial about the Facemash incident. On 4 February 2004, Zuckerberg launched "The Facebook", originally located at TheFacebook.com website.

Six days after the site is launched, three Harvard seniors, Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra, accused Zuckerberg deliberately distract them so they believe it helps them make social networking called HarvardConnection.com, while he uses their ideas to create a rival product. All three complained to the Harvard Crimson, and newspapers started an investigation. Three seniors were filed lawsuits against Zuckerberg which was eventually resolved.

Membership was initially restricted to students of Harvard College, and in the first month, more than half of students graduate at Harvard are listed on this site. Eduardo Saverin (business people), Dustin Moskovitz (programmer), Andrew McCollum (graphic artist), and Chris Hughes soon joined Zuckerberg to help promote this website. In March 2004, Facebook expanded to Stanford, Columbia, and Yale. This site was later opened to an Ivy League school, Boston University, New York University, MIT, and gradually some universities in Canada and the United States.

Facebook diinkorporasikan in the summer of 2004, and the entrepreneur Sean Parker, who often give advice to Zuckerberg, was appointed President of the company. In June 2004, Facebook moved its centre of operations to Palo Alto, California. The company received its first investment in it from PayPal co-founder Peter Thiel,. The company was removing The online name after purchasing the domain name facebook.com in 2005 with a value of $ 200,000.

Facebook launched a high school version in September 2005 which is considered to be the next logical stage as Zuckerberg. At that time, high school networks required an invitation to join. Facebook later expanded membership eligibility to employees of several companies, including Apple Inc. and Microsoft. Facebook was then opened on September 26, 2006 to everyone who is 13 years old and over with a valid email address.

On 24 October 2007, Microsoft announced that they had purchased a 1.6% stake in Facebook for $ 240 million, giving Facebook a value of $ 15 billion. Purchase by Microsoft include their rights to place international ads on Facebook. In October 2008, Facebook announced that it will open its international headquarters in Dublin, Ireland. In September 2009, Facebook says that they are experiencing cash flow positive for the first time. The month of November 2010, according to SecondMarket Inc., a private company, the stock exchange value of Facebook reaches $ 41 billion (beating eBay in thin) and become the third-biggest web companies in the United States after Google and Amazon. Facebook has been hounded as a potential candidate for IPO in 2013.

Traffic to Facebook increased stable after 2009. The number of visitors your Facebook beat Google on March 13, 2010.

In March 2011, it was reported that Facebook removes about 20,000 profile from this site every day for a variety of reasons, including spam, inappropriate content and usage of minors, as part of an attempt to encourage security siber.

At the beginning of 2011, Facebook announced its plans to move into its new headquarters, the former Sun Microsystems campus in Menlo Park, California.

DoubleClick's statistics show that Facebook reached one billion page views in June 2011 and making it the web site the most visited in the world. However, please note that Google and a number of specific website is not counted in the ranking of DoubleClick. According to Nielsen Media Research study released in December 2011, Facebook is a website most accessible both in the United States.

In March 2012, Facebook launched the App Center, a store that sells applications move from the connect with Facebook. This store is available to web users move iPhone, Android. In April, Facebook app Instagram to buy US $ 1 billion.

At the beginning of May 2012, Facebook acquired young company operating in the field of Glancee exploration of the social.

Facebook, Inc. held its initial public offering on May 17, 2012 with an initial stock price of $ 38 per sheet, so that the value of the company reached $ 104 billion, the value of the company's largest new common throughout history. After the IPO, Zuckerberg would earn 24% stake in Facebook and 57% of the voting rights. IPO successfully raised $ 16 billion and making it the third-largest IPO in the history of the United States. Shares began trading on 18 may, and despite the stock tried to remain above the IPO price throughout the day, the amount scored a new record in terms of trade volume of IPOS. A few days after the IPO, the regulator of U.S. Securities and Exchange Commission began investigating the conduct of IPO, after claims that the estimated growth of Facebook's increasingly weak not disclosed to all shareholders.

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