Facebook - Wikipedia. Facebook is an American for- profit corporation and an online social media and social networking service based in Menlo Park, California. The Facebook website was launched on February 4, 2. Mark Zuckerberg, along with fellow Harvard College students and roommates, Eduardo Saverin, Andrew Mc. Collum, Dustin Moskovitz, and Chris Hughes. Facebook gradually added support for students at various other universities, and eventually to high school students as well. Since 2. 00. 6, anyone age 1. Facebook, though variations exist in the minimum age requirement, depending on applicable local laws. After registering to use the site, users can create a user profile indicating their name, occupation, schools attended and so on. Users can add other users as . Additionally, users may join common- interest user groups organized by workplace, school, hobbies or other topics, and categorize their friends into lists such as . In groups, editors can pin posts to top. Additionally, users can complain about or block unpleasant people. Because of the large volume of data that users submit to the service, Facebook has come under scrutiny for its privacy policies. Facebook makes most of its revenue from advertisements which appear onscreen. Facebook, Inc. On July 1. ![]() A small fraction of the code that displays Facebook web pages was exposed to a small number of users due to a single misconfigured web server that was fixed immediately. Get detailed financial information on Facebook Inc (NASDAQ:FB) including real-time stock quotes, historical charts & financial news, all for free!
Facebook became the fastest company in the Standard & Poor's 5. Index to reach a market cap of $2. According to The Harvard Crimson, the site was comparable to Hot or Not and used . Zuckerberg faced expulsion and was charged by the administration with breach of security, violating copyrights, and violating individual privacy. Ultimately, the charges were dropped. He uploaded all art images to a website, each of which was featured with a corresponding comments section, then shared the site with his classmates, and people started sharing notes. I can do it better than they can, and I can do it in a week. They claimed that he was instead using their ideas to build a competing product. They later filed a lawsuit against Zuckerberg, subsequently settling in 2. In March 2. 00. 4, Facebook expanded to the universities of Columbia, Stanford, and Yale. This website last appeared on April 8, 2. A high- school version of the site was launched in September 2. Zuckerberg called the next logical step. These started as group pages, but a new concept called company pages was planned. Microsoft's purchase included rights to place international advertisements on the social networking site. The company announced 5. July 2. 01. 0. A company representative called the milestone a . The company had slightly surpassed e. Bay to become the third largest American web company after Google and Amazon. The company was valued at $1. The company applied for a $5 billion IPO, one of the biggest offerings in the history of technology. The store was to be available on i. Phones, Android devices, and mobile web users.! Finance website reported that Facebook's lead underwriters, Morgan Stanley (MS), JP Morgan (JPM), and Goldman Sachs (GS), cut their earnings forecasts for the company in the middle of the IPO process. HTC announced the HTC First, a smartphone with Home pre- loaded. The letter F moved closer to the edge of the box. The campaign highlighted content promoting domestic and sexual violence against women, and used over 5. Nissan UK, House of Burlesque and Nationwide UK. The social media website initially responded by stating that . The Bureau of Labor Statistics reported that the average weekly wage in the county was US$3,2. It noted the wages were . The A4. AI is a coalition of public and private organizations that includes Google, Intel and Microsoft. Led by Sir Tim Berners- Lee, the A4. AI seeks to make Internet access more affordable so that access is broadened in the developing world, where only 3. Google will help to decrease Internet access prices so that they fall below the UN Broadband Commission's worldwide target of 5% of monthly income. The meeting occurred after Zuckerberg participated in a Q& A session at Tsinghua University in Beijing, China, on October 2. Mandarin—although Facebook is banned in China, Zuckerberg is highly regarded among the people and was at the university to help fuel the nation's burgeoning entrepreneur sector. Facebook maintained that . His speech outlined his vision, which was centered around three main pillars: artificial intelligence, increased connectivity around the world and virtual and augmented reality. Users can create profiles, see updates from co- workers on their news feed, stream live video and participate in secure group chats. In a virtual and shared space, users can access a curated selection of 3. Users can also access their own photos and videos, and any media shared on their Facebook newsfeed. As of April 2. 01. According to Business. Week. com, banner advertisements on Facebook have generally received one- fifth the number of clicks compared to those on the Web as a whole. For example, while Google users click on the first advertisement for search results an average of 8% of the time (8. If Facebook can prove that theory to be true, then it may not worry so much about losing its cool cachet. Magid and Associates found that the percentage of teens aged 1. Facebook fell to 8. During the same time, independent market research firm e. Marketer released data in which Facebook accounted for 5. Google's share was 3. Mobile advertising revenue accounted for around 6. Number of advertisers. In February 2. 01. Facebook announced that it had reached two million active advertisers with most of the gain coming from small businesses. An active advertiser is an advertiser that has advertised on the Facebook platform in the last 2. On January 1. 1, 2. Farm Bureau disclosed $8. Crowd. Tangle confirmed the acquisition in a message at their website, but company didn't disclosed financial terms of the deal. This allows Facebook to avoid US taxes for all users in Europe, Asia, Australia, Africa and South America. Facebook is making use of the Double Irish arrangement which allows it to pay just about 2–3% corporation tax on all international revenue. In November 2. 01. Facebook opened a fourth data center in Altoona, Iowa, US. Facebook has roughly 9 million users in Russia, while domestic analogue VK has around 3. The facility, opened in June 2. A Facebook spokesperson explained that the intention of the facility is to encourage employees to think in an innovative manner because of the different environment, and also serves as an attractive perk for prospective employees. New headquarters will be in Fitzrovia in central London at a site that is currently undergoing redevelopment. Facebook's London- based executive, Nicola Mendelsohn said . According to an interview in 2. Chuck Rossi, a build engineer at Facebook, Facebook compiles into a 1. GB binary blob which is then distributed to the servers using a custom Bit. Torrent- based release system. Rossi stated that it takes approximately 1. The build and release process is zero downtime and new changes to Facebook are rolled out daily. Using a tailing architecture, new events are stored in log files, and the logs are tailed. The system rolls these events up and writes them into storage. The User Interface then pulls the data out and displays it to users. Facebook handles requests as AJAX behavior. These requests are written to a log file using Scribe (developed by Facebook). It tails the log files and pulls data out (thus the name). Ptail data is separated out into three streams so they can eventually be sent to their own clusters in different data centers (Plugin impression, News feed impressions, Actions (plugin + news feed)). Puma is used to manage periods of high data flow (Input/Output or IO). Data is processed in batches to lessen the number of times needed to read and write under high demand periods (A hot article will generate a lot of impressions and news feed impressions which will cause huge data skews). Batches are taken every 1. The backend is written in Java and Thrift is used as the messaging format so PHP programs can query Java services. Caching solutions are used to make the web pages display more quickly. The more and longer data is cached the less realtime it is. The data is then sent to Map. Reduce servers so it can be queried via Hive. This also serves as a backup plan as the data can be recovered from Hive. Raw logs are removed after a period of time. Prior to public release, a large portion of Facebook was already running and . The Mini- Feed and Wall were consolidated, profiles were separated into tabbed sections, and an effort was made to create a . Users could personally fundraise using the categories education, medical and pet health, public crisis, natural disasters, emergencies and funerals. In May 2. 01. 7, Facebook added the categories community and sports and announced anyone in the U. S. Users can also set which set of gender- specific pronoun should be used in reference to them throughout the site. If a user does not provide key information, such as location, hometown, or relationship status, other users can use a new . Since then, users have been able to control what types of information are shared automatically with friends. Users are now able to prevent user- set categories of friends from seeing updates about certain types of activities, including profile changes, Wall posts, and newly added friends. The patent covers News Feeds in which links are provided so that one user can participate in the same activity of another user. During the first years, Facebook users were limited to 6. As of May 2. 00. 9, this limit has been increased to 2. For example, the privacy of an album can be set so that only the user's friends can see the album, while the privacy of another album can be set so that all Facebook users can see it. Another feature of the Photos application is the ability to . For instance, if a photo contains a user's friend, then the user can tag the friend in the photo.
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