Facebook celebrates its tenth anniversary in the week beginning February 4, 2014.
In a January 2014, during the week previous to the company's tenth anniversary. Facebook's chief operating officer Sheryl Sandberg, clarified: "Zuckerberg always said Facebook was started not just to be a company, but to fulfill a vision of connecting the world."
What is Facebook...?
Facebook is an online social networking site which was founded in February 2004 by Mark Zuckerberg with his college roommates and friends Andrew McCollum, Eduardo Saverin, Dustin Moskovitz and Chris Hughes, then its called "thefacebook.com. The originators had initially limited the website's membership to Harvard students, but later enlarged it to colleges in the Boston area. It became Facebook.com in August 2005 after the address was purchased for $200,000. Now Facebook allows anyone who declares to be at least 13 years old to become a recorded user of the website. The site's features have continued to develop during 2007.
Facebook reported its revenues jumped to $7.87 billion from $5.1 billion in 2012. Most of the revenue is from online advertising.
Facebook had 6,337 employees as of December. Some studies suggest that Facebook-related firms and apps have created many more jobs and economic value.
"The Social Network," the 2010 film about the origins of Facebook, won four Golden Globes including for best picture and best director and three Oscars, for best adapted screenplay, original score and film editing.
:- Kunwar Avadhesh Shekhawat
In a January 2014, during the week previous to the company's tenth anniversary. Facebook's chief operating officer Sheryl Sandberg, clarified: "Zuckerberg always said Facebook was started not just to be a company, but to fulfill a vision of connecting the world."
What is Facebook...?
Facebook is an online social networking site which was founded in February 2004 by Mark Zuckerberg with his college roommates and friends Andrew McCollum, Eduardo Saverin, Dustin Moskovitz and Chris Hughes, then its called "thefacebook.com. The originators had initially limited the website's membership to Harvard students, but later enlarged it to colleges in the Boston area. It became Facebook.com in August 2005 after the address was purchased for $200,000. Now Facebook allows anyone who declares to be at least 13 years old to become a recorded user of the website. The site's features have continued to develop during 2007.
Users must register before using the site, after which they may create a personal profile, then add known users in friend list, chat with friends, and receive automatic notifications.
Case against Facebook :-
The legal case against Facebook dates back to September 2004, when a classmate named Divya Narendra, and the brothers Cameron and Tyler Winklevoss, who founded the social-networking site ConnectU, blamed Mr Zuckerberg of copying their ideas and coding.
New information uncovered by Silicon Alley Insider suggests that some of the complaints against Mark Zuckerberg are valid.
The primary dispute around Facebook's origins centered around whether Mark had entered into an "agreement" with the Harvard seniors, Cameron and Tyler Winklevoss and Divya Narendra, to develop a similar web site for them and then, instead, stalled their project while taking their idea and building his own. Mr Zuckerberg had worked as a computer programmer for them when they were all at Harvard before Facebook was created.
The case was dismissed due to a technicality in March 2007 but without a ruling.
Figures about Facebook on its 10th year :-
Facebook has 1.26 billion total users, more than 1.20 billion mothly active users of which 9% are fake, 757 million daily active users. About 945 million of the users were accessing facebook on mobile devices. 70% teens that are friends with their parents on facebook, based on company data.
In May 2005, Accel partners invested $12.7 million in Facebook.
In 2012, Facebook was valued at $104 billion, and by January of 2014 its market capitalization had risen to over $134 billion.At the end of January 2014, 1.23 billion users were active on the website every month, while on December 31, 2013, 945 million.
The biggest market for Facebook is the United States with 146.8 million users, Next was India (84.9 million) and Brazil (61.2 million) in late 2013, according to the research firm eMarketer.
Facebook billionaires include co-founder Mark Zuckerberg, Dustin Moskovitz, Eduardo Saverin and its first president, Sean Parker. Chief operating officer Sheryl Sandberg has also become a billionaire with the rise in Facebook's stock.Facebook reported its revenues jumped to $7.87 billion from $5.1 billion in 2012. Most of the revenue is from online advertising.
Facebook had 6,337 employees as of December. Some studies suggest that Facebook-related firms and apps have created many more jobs and economic value.
"The Social Network," the 2010 film about the origins of Facebook, won four Golden Globes including for best picture and best director and three Oscars, for best adapted screenplay, original score and film editing.
:- Kunwar Avadhesh Shekhawat