Facebook, US business that provides social networking services online. Mark Zuckerberg, Eduardo Saverin, Dustin Moskovitz and Chris Hughes all students at Harvard University created Facebook in 2004. Facebook is the world's largest social network, with more than one billion people using Facebook every day as of 2012, and approximately half that amount. Headquarters of the firm are based in Menlo Park, California.
Facebook access is free, and the company makes much of its revenue from Web site advertising. New users will be able to create profiles, upload photos, join a preexisting community and start new groups. The platform has several components, including Timeline, a space on the profile page of and user where users can post their content and friends can post messages; status, which enables users to alert friends to their current location or situation; and News Feed, which alerts users of changes in the profiles and status of their friends. Users will chat with each other, and send private messages to each other. Users should register their
Facebook approval of the material .
The business hasan early complicated past. It started in 2003 as Facemash at Harvard University, an online tool for students to assess their fellow students 'attractiveness. It was shut down after two days because the primary creator, Zuckerberg, violated university policy in securing capital for the project. 450 people (who voted 22,000 times) flocked to Facemash despite his mayflylike nature. The popularity led Zuckerberg to register in January 2004 under the URLhttp:/www.thefacebook.com. He then developed a new social network with fellow students Saverin, Moskovitz, and Hughes at that address.
The Facebook.com social network started operations in February 2004. Harvard students who signed up for the program were able to add their own photos and
personal information about their lives, such as their class schedules and clubs to which they belonged.The success grew and students from other prestigious colleges, such as universities in Yale and Stanford, were soon invited to enter. More than 250,000 students from 34 schools had signed up by June 2004, and the
same year major companies such as the MasterCard credit card company began paying for on-site access.
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