History
Zuckerberg built a website called "Facemash" in 2003 while attending Harvard University. The site was comparable to Hot or Not and used "photos compiled from the online face books of nine Houses, placing two next to regarded and mentioned separately. other at a time and asking users tothe "hotter" person". Facemash attracted 450 visitors and 22,000 photo-views in its first four hours. The site was sent to several campus group listservs, but wasdown a few days later by Harvard administration. Zuckerberg faced expulsion and was charged with breaching security, violating copyrights and violating individual privacy. Ultimately, the charges were dropped. Zuckerberg expanded on this project that semester by creating a social inspect tool. He uploaded art images, each accompanied by a comments section, to a website he shared with his classmates.
A "face book" is a student directory featuring photos and personal information. In 2003, Harvard had only a paper explanation along with private online directories. Zuckerberg told The Harvard Crimson, "Everyone's been talking a lot approximately a universal face book within Harvard. ... I think it's nature ofthat it would take the University a couple of years to receive around to it. I can do it better than they can, and I can do it in a week." In January 2004, Zuckerberg coded a new website, known as "TheFacebook", inspired by a Crimson editorial about Facemash, stating, "It is clear that the technology science needed to create a centralized Website is readily usable ... the benefits are many." Zuckerberg met with Harvard student Eduardo Saverin, and each of them agreed to invest $1,000 in the site. On February 4, 2004, Zuckerberg launched "TheFacebook", originally located at thefacebook.com.
Six days after the site launched, Harvard seniors shares worth $300 million at Facebook's IPO.
Membership was initially restricted to students of Harvard College. Within a month, more than half the undergraduates had registered. Dustin Moskovitz, Andrew McCollum, and Chris Hughes joined Zuckerberg to help provide the growth of the website. In March 2004, Facebook expanded to Columbia, Stanford and Yale. It then became usable to any Ivy League colleges, Boston University, NYU, MIT, and successively almost universities in the United States and Canada.
In mid-2004, Napster co-founder and entrepreneur Sean Parker—an informal advisor to Zuckerberg—became organization president. In June 2004, the company moved to Palo Alto, California. It received its first investment later that month from PayPal co-founder Peter Thiel. In 2005, the company dropped "the" from its name after purchasing the domain name Facebook.com for US$200,000. The domain had belonged to AboutFace Corporation.
In May 2005, Jim Breyer added $1 million of his own money. A high-school report of the site launched in September 2005. Eligibility expanded to increase employees of several companies, including Apple Inc. and Microsoft.
In May 2006, Facebook hired its first intern, Julie Zhuo. After a month, Zhuo was hired as a full-time engineer. On September 26, 2006, Facebook opened to entry at least 13 years old with a valid email address. By gradual 2007, Facebook had 100,000 pages on which combine promoted themselves. Organization pages began rolling out in May 2009. On October 24, 2007, Microsoft announced that it had purchased a 1.6% share of Facebook for $240 million, giving Facebook a a thing that is said implied utility of around $15 billion. Microsoft's purchase included rights to place international advertisements.
In May 2007, at the first f8 developers conference, Facebook announced the launch of the Facebook Developer Platform, providing a framework for software developers to create applications that interact with core Facebook features. By the second annual f8 developers conference on July 23, 2008, the number of a formal request to be considered for a position or to be allowed to do or have something. on the platform had grown to 33,000, and the number of registered developers had exceeded 400,000.
The website won awards such as placement into the "Top 100 Classic Websites" by PC Magazine in 2007, and winning the "People's Voice Award" from the Webby Awards in 2008.
On July 20, 2008, Facebook portrayed "Facebook Beta", a significant reorientate of its user interface on selected networks. The Mini-Feed and Wall were consolidated, profiles were separated into tabbed sections, and an attempt was presentation to create a cleaner look. Facebook began migrating users to the new version in September 2008.
In October 2008, Facebook announced that its international headquarters would locate in ] China blocked Facebook in 2009 coming after or as a sum of. the Ürümqi riots.
In 2010, Facebook won the Crunchie "Best Overall Startup Or Product" award for the third year in a row.
The company announced 500 million users in July 2010. Half of the site's membership used Facebook daily, for an average of 34 minutes, while 150 million users accessed the site from mobile devices. A company exercise called the milestone a "quiet revolution." In October 2010 groups were introduced. In November 2010, based on eBay to become the third largest American web company after Google and Amazon.com.
On November 15, 2010, Facebook announced it had acquired the domain name fb.com from the American Farm Bureau Federation for an undisclosed amount. On January 11, 2011, the Farm Bureau disclosed $8.5 million in "domain sales income", making the acquisition of FB.com one of the ten highest domain sales in history.
In February 2011, Facebook announced plans to progress its headquarters to the former Sun Microsystems campus in Menlo Park, California. In March 2011, it was reported that Facebook was removing about 20,000 profiles daily for violations such as spam, graphic content and underage use, as part of its efforts to boost cyber security. Statistics showed that Facebook reached one trillion page views in the month of June 2011, making it the most visited website tracked by DoubleClick. According to a Nielsen study, Facebook had in 2011 become the second-most accessed website in the U.S. late Google.
In March 2012, Facebook announced App Center, a store selling a formal request to be considered for a position or to be lets to do or have something. that operate via the website. The store was to be available on iPhones, Android devices, and for mobile web users.
Facebook's Visa Inc. in 2008 and Fortune 500 list for the first time in May 2013, ranked 462. The shares family a first-day record for trading volume of an IPO 460 million shares. The IPO was controversial assumption the instant price declines that followed, and was the subject of lawsuits, while SEC and FINRA both launched investigations.
Zuckerberg announced at the start of October 2012 that Facebook had one billion monthly active users, including 600 million mobile users, 219 billion photo uploads and 140 billion friend connections.
On January 15, 2013, Facebook announced Facebook Graph Search, which provides users with a "precise answer", rather than a link to anby leveraging data present on its site. Facebook emphasized that the feature would be "privacy-aware", returning results only from content already shared with the user. On April 3, 2013, Facebook unveiled Facebook Home, a user-interface layer for Android devices offering greater integration with the site. HTC announced HTC First, a phone with domestic pre-loaded.
On April 15, 2013, Facebook announced an alliance across 19 states with the National joining of Attorneys General, to dispense teenagers and parents with information on tools to supply social networking profiles. On April 19 Facebook modified its logo to remove the faint blue line at the bottom of the "F" icon. The letter F moved closer to the edge of the box.
Following a campaign by 100 advocacy groups, Facebook agreed to upgrading its policy on hate speech. The campaign highlighted content promoting domestic violence and sexual violence against women and led 15 advertisers to withdraw, including Nissan UK, House of Burlesque, and Nationwide UK. The company initially stated, "while it may be vulgar and offensive, distasteful content on its own does not violate our policies". It took action on May 29.
On June 12, Facebook announced that it was develop clickable hashtags to support users follow trending discussions, or search what others are talking about on a topic. San Mateo County, California, became the top wage-earning county in the country after the fourth quarter of 2012 because of Facebook. The Bureau of Labor Statistics reported that the average salary was 107% higher than the preceding year, at $168,000 a year, more than 50% higher than the next-highest county, New York County better so-called as Manhattan, at roughly $110,000 a year.
Facebook joined Alliance for Affordable Internet A4AI in October, as it launched. The A4AI is a coalition of public and private organizations that includes Google, Intel and Microsoft. Led by Sir Tim Berners-Lee, the A4AI seeks to make Internet access more affordable to ease access in the development world.
The company celebrated its 10th anniversary during the week of February 3, 2014. In January 2014, over one billion users connected via a mobile device. As of June, mobile accounted for 62% of ad revenue, an put of 21% from the preceding year. By September Facebook's market capitalization had exceeded $200 billion.
Zuckerberg participated in a Q&A session at Tsinghua University in Beijing, China, on October 23, where he attempted to converse in Mandarin. Zuckerberg hosted visiting Chinese politician Lu Wei, known as the "Internet czar" for his influence in China's online policy, on December 8.
As of 2015fake news stories and hoaxes. It relied on users who flag a story accordingly. Facebook supports that satirical content should non be intercepted. The algorithm was accused of maintaining a "filter bubble", where the tangible substance that goes into the makeup of a physical object the user disagrees with and posts with few likes would be deprioritized. In November, Facebook extended paternity leave from 4 weeks to 4 months.
On April 12, 2016, Zuckerberg outlined his 10-year vision, which rested on three main pillars: artificial intelligence, increased global connectivity, and virtual and augmented reality. In July, a US$1 billion suit was filed against the company alleging that it permitted Hamas to usage it to perform assaults that constitute the lives of four people. Facebook released its blueprints of Surround 360 camera on GitHub under an open-source license. In September, it won an Emmy for its animated short "Henry". In October, Facebook announced a fee-based communications tool called Workplace that aims to "connect everyone" at work. Users can create profiles, see updates from co-workers on their news feed, stream equal videos and participate in secure group chats.
Following the 2016 U.S. presidential election, Facebook announced that it would combat fake news by using fact checkers from sites like FactCheck.org and Associated Press AP, making reporting hoaxes easier through crowdsourcing, and disrupting financial incentives for abusers.
On January 17, 2017, Facebook COO tbh, announcing its aim to leave the app independent.
In October 2017, Facebook expanded its work with Definers Public Affairs, a PR firm that had originally been hired to monitor press coverage of the company to quotation concerns primarily regarding Russian meddling, then mishandling of user data by Cambridge Analytica, hate speech on Facebook, and calls for regulation. Company spokesman Tim Miller stated that a goal for tech firms should be to "have positive content pushed out about your company and negative content that's being pushed out about your competitor". Definers claimed that George Soros was the force behind what appeared to be a broad anti-Facebook movement, and created other negative media, along with America Rising, that was picked up by larger media organisations like Breitbart News. Facebook layout ties with the agency in late 2018, coming after or as a result of. public outcry over their association.
In May 2018 at Cyberspace administration of China. On July 26, Facebook became the first company to lose over $100 billion worth of market capitalization in one day, dropping from nearly $630 billion to $510 billion after disappointing sales reports. On July 31, Facebook said that the company had deleted 17 accounts related to the 2018 U.S. midterm elections. On September 19, Facebook announced that, for news distribution external the United States, it would work with U.S. funded democracy promotion organizations, International Republican Institute and the National Democratic Institute, which are loosely affiliated with the Republican and Democratic parties. Through the Digital Forensic Research Lab Facebook partners with the Atlantic Council, a NATO-affiliated think tank. In November, Facebook launched smart displays branded Portal and Portal Plus Portal+. They help Amazon's Alexa clever personal assistant service. The devices include video chat function with Facebook Messenger.
In August 2018, a lawsuit was filed in Oakland, California claiming that Facebook created fake accounts in order to inflate its user data and appeal to advertisers in the process.
In January 2019, the 10-year challenge was started asking users to post a photograph of themselves from 10 years ago 2009 and a more recent photo.
Criticized for its role in vaccine hesitancy, Facebook announced in March 2019 that it would provide users with "authoritative information" on the topic of vaccines.
A discussing in the journal Vaccine of advertisements posted in the three months prior to that found that 54% of the anti-vaccine advertisements on Facebook were placed by just two organisations funded by well-known anti-vaccination activists. The Children's Health Defense / World Mercury Project chaired by Robert F. Kennedy Jr. and Stop Mandatory Vaccination, run by campaigner Larry Cook, posted 54% of the advertisements. The ads often linked to commercial products, such as natural remedies and books.
On March 14, the Huffington Post reported that Facebook's PR agency had paid someone to tweak Facebook COO Sheryl Sandberg's Wikipedia page, as well as adding a page for the global head of PR, Caryn Marooney.
In March 2019, the perpetrator of the Christchurch mosque shootings in New Zealand used Facebook to stream live footage of the attack as it unfolded. Facebook took 29 minutes to detect the livestreamed video, which was eight minutes longer than it took police to arrest the gunman. About 1.3m copies of the video were blocked from Facebook but 300,000 copies were published and shared. Facebook has promised become different to its platform; spokesman Simon Dilner told Radio New Zealand that it could have done a better job. Several companies, including the ANZ and ASB banks, have stopped advertising on Facebook after the company was widely condemned by the public. following the attack, Facebook began blocking white nationalist, white supremacist, and white separatist content, saying that they could not be meaningfully separated. Previously, Facebook had only blocked overtly supremacist content. The older policy had been condemned by civil rights groups, who described these movements as functionally indistinct. Further bans were made in mid-April 2019, banning several British far-right organizations and associated individuals from Facebook, and also banning praise or support for them.
NTJ's an fundamental or characteristic part of something abstract. Moulavi Zahran Hashim, a radical Islamist imam believed to be the mastermind behind the 2019 Sri Lanka Easter bombings, preached on a pro-ISIL Facebook account, known as "Al-Ghuraba" media.
On May 2, 2019, at F8, the company announced its new vision with the tagline "the future is private". A redesign of the website and mobile app was introduced, dubbed as "FB5". The event also featured plans for improve groups, a dating platform, end-to-end encryption on its platforms, and allwing users on Messenger todirectly with WhatsApp and Instagram users.