Facebook Is leading social media network nowadays.It was founded as Facemash in July 2003.it was developed by Mark Zuckerberg he wrote the software for the Facemash website.
While writing the software, Mark Zuckerberg wrote the following blog entries:
“I’m a little intoxicated, not gonna lie. So what if it’s not even 10 pm and it’s a Tuesday night? What? The kirkland dormitory facebook is open on my desktop and some of these people have pretty horrendiedous facebook pics. I almost want to put some of these faces next to pictures of some farm animals and have people vote on which is more attractive.”
In February 2004 Mr Zuckerberg launched “The facebook”, as it was originally known; the name taken from the sheets of paper distributed to freshmen, profiling students and staff. Within 24 hours, 1,200 Harvard students had signed up, and after one month, over half of the undergraduate population had a profile.
As of September 2006, the network was extended beyond educational institutions to anyone with a registered email address. The site remains free to join, and makes a profit through advertising revenue. Yahoo and Google are among companies which have expressed interest in a buy-out, with rumoured figures of around $2bn (£975m) being discussed. Mr Zuckerberg has so far refused to sell.
Facebook History/Advancements Timeline
l February, 2004 – Facebook (then called “thefacebook”) was founded by Zuckerberg, Moskovitz, Saverin and Hughes.
l March, 2004 – Facebook spreads to three other college campuses – Yale, Columbia and Stanford.
l June, 2004 – Facebook moves its headquarters to Palo Alto, California.
l September, 2004 – The site launches the now infamous “wall” – which allows users to post things and receive messages on their own page.
l December, 2004 – Facebook hits 1 million users.
l May, 2005 – Facebook expands to over 800 college campuses.
l September, 2005 – The site expands to high school networks. It also drops the “the” to become just “Facebook.”
l October, 2005 – Facebook adds photos and goes international.
l December, 2005 – Facebook has over 6 million users.
l April, 2006 – Facebook goes mobile.
l September, 2006 – Anyone can now join Facebook.
l December, 2006 – Membership increases to 12 million.
l June, 2007 – Video launches.
l December, 2007 – Membership increases to 58 million.
l July, 2008 – Launch of Facebook for iPhone.
l February, 2009 – The “like” button is introduced.
l July, 2010 – Over 500 million users are active on Facebook.
l August, 2010 – Engineering center is opened in Seattle.
l October, 2010 – Groups are launched.
l April, 2011 – Data center opens in Prineville, Oregon.
l July, 2011 – Video calling is launched.
l April, 2012 – Acquisition of Instagram is announced.
l May, 2012 – Facebook releases their IPO – which raised $16 billion and gave the company a $102.4 billion market value.
l October, 2012 – Membership hits the 1 billion mark.
l February, 2013 – Acquisition of Atlas is announced.
l June, 2013 – Facebook’s acquisition Instagram launches video.
l February, 2014 – Acquisition of WhatsApp is announced.
l March, 2014 – Acquisition of Oculus is announced.
l November, 2014 – Groups App is announced.
l April, 2015 – Over 40 million small business pages are on Facebook.
l June, 2015 – Facebook’s AI Research opens in Paris.
l July, 2016 – Over 1 billion users of Messenger a month.
l October, 2016 – Marketplace launches – allowing users to buy and sell products.
l April, 2017 – F8 developer’s conference is held in San Jose by Facebook.
l March, 2018 – Facebook is sued by shareholders following stock plummet.
l April, 2018 – Zuckerberg testifies before Congress regarding concerns over data and privacy breaches.