Facebook is currently the largest social networking site used by more than 500 million people. It was found in 2004 by a Harvard student Mark Zuckerberg. At first it was only for Harvard students then for all high schools and colleges. And country by country it became one of the most popular sites, however it outflanked many other sites like MySpace.
It is also one of the new titans of internet and it managed to challenge even google. It showed a new vision through personal relationship and recommendations instead of searches. For example the new idea to "Like" something. Zack also introduced new messaging system which is unified and can be used for email, text messaging or online chat. It can be used through mobile and web.
Currently Mark Zuckerberg likes to keep control over his company. It even declined a $1 billion offer from Yahoo in 2006. He even turned down the idea of stock offering. Facebook raised 500 million dollars in january 2011 by investors Goldman sachs and a russian investor, seeking $50 billion value.
Done By: Asdaf Iqbal
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