Facebook[2], a renowned social media giant, was initially introduced as TheFacebook in 2004. It was initially restricted to Harvard students but swiftly rose in popularity, capturing over half of the undergraduate population within the first month. The platform soon extended its reach to high schools and other universities worldwide. As of April 2023, it proudly flaunts a staggering 2.989 billion monthly active users[1]. Facebook’s economic trajectory has been fortified by substantial investments from Peter Thiel, Accel Partners, and Microsoft. The firm has encountered numerous legal hurdles, including patent violation lawsuits and claims of inappropriate data sharing. Despite these obstacles, Facebook has expanded through a series of acquisitions and product introductions, such as Instagram[3] and Facebook Messenger. The platform has also participated in various social impact endeavors and has been embroiled in controversies surrounding user policies and competition.
This article needs to be updated.(January 2019) |
Facebook is a social networking service originally launched as TheFacebook on February 4, 2004, before changing its name to simply Facebook in August 2005. It was founded by Mark Zuckerberg and his college roommates and fellow Harvard University students, in particular Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. The website's membership was initially limited by the founders to Harvard students, but was expanded to other colleges in the Boston area, the Ivy League, and gradually most universities in the United States and Canada, corporations, and by September 2006, to everyone with a valid email address along with an age requirement of being 13 or older.