93-625: Facebook is a social media and social networking service owned by American technology conglomerate Meta . Created in 2004 by Mark Zuckerberg with four other Harvard College students and roommates Eduardo Saverin , Andrew McCollum , Dustin Moskovitz , and Chris Hughes , its name derives from the face book directories often given to American university students. Membership was initially limited to Harvard students, gradually expanding to other North American universities. Since 2006, Facebook allows everyone to register from 13 years old, except in
186-892: A dialogic transmission system (many sources to many receivers) while traditional media operate under a monologic transmission model (one source to many receivers). For instance, a newspaper is delivered to many subscribers, and a radio station broadcasts the same programs to a city. Social media has been criticized for a range of negative impacts on children and teenagers, including exposure to inappropriate content, exploitation by adults, sleep problems, attention problems, feelings of exclusion, and various mental health maladies. Social media has also received criticism as worsening political polarization and undermining democracy . Major news outlets often have strong controls in place to avoid and fix false claims, but social media's unique qualities bring viral content with little to no oversight. "Algorithms that track user engagement to prioritize what
279-471: A Bachelor of Arts in economics. He is a member of the Alpha Epsilon Pi fraternity (Eta Psi chapter of Harvard University). During his junior year at Harvard, Saverin met fellow Harvard undergraduate, sophomore Mark Zuckerberg . Noting the lack of a dedicated social networking website for Harvard students, the two worked together to launch Facebook in 2004. They each agreed to invest $ 1,000 in
372-583: A US$ 1 billion suit was filed against the company alleging that it permitted Hamas to use it to perform assaults that cost 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 live videos and participate in secure group chats. Following
465-585: A 1.6% share of Facebook for $ 240 million ($ 353 million in 2023 dollars), giving Facebook a total implied value of around $ 15 billion ($ 22 billion in 2023 dollars). 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
558-691: A German social network that was alleged to be visually and functionally similar to Facebook. In October 2008, Facebook announced that its international headquarters would locate in Dublin , Ireland. A January 2009 Compete.com study ranked Facebook the most used social networking service by worldwide monthly active users . China blocked Facebook in 2009 following the Ürümqi riots . In 2009, Yuri Milner 's DST (which later split into DST Global and Mail.ru Group ), alongside Uzbek Russian metals magnate Alisher Usmanov , invested $ 200 million in Facebook when it
651-484: A PR firm that had originally been hired to monitor press coverage of the company to address 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
744-602: 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 2015, Facebook's algorithm was revised in an attempt to filter out false or misleading content, such as fake news stories and hoaxes. It relied on users who flag
837-848: A Singaporean logistics company that engages in last mile parcel delivery in Southeast Asia. In addition to forming B Capital, in early 2020, Saverin invested in Antler , an early-stage VC fund and startup accelerator founded by his friend and Harvard classmate, Magnus Grimeland. Saverin is played by Andrew Garfield in the film The Social Network , which is based on Ben Mezrich's The Accidental Billionaires . Saverin immigrated to Singapore in 2009. Saverin and Elaine Andriejanssen, an Indonesian national of Chinese descent and with partial Dutch ancestry, became engaged on March 27, 2014, and were married on June 25, 2015. They met while they were both studying at their respective universities in
930-479: A dating platform, end-to-end encryption on its platforms, and allowing users on Messenger to communicate directly with WhatsApp and Instagram users. On July 31, 2019, Facebook announced a partnership with University of California, San Francisco to build a non-invasive, wearable device that lets people type by simply imagining themselves talking. On August 13, 2019, it was revealed that Facebook had enlisted hundreds of contractors to create and obtain transcripts of
1023-644: A fraction of the cost of traditional marketing campaigns. Nonprofit organizations and activists may also attempt to spread content virally. Social media sites provide specific functionality to help users re-share content, such as X 's and Facebook 's "like" option. Bots are automated programs that operate on the internet . They automate many communication tasks. This has led to the creation of an industry of bot providers. Chatbots and social bots are programmed to mimic human interactions such as liking, commenting, and following. Bots have also been developed to facilitate social media marketing . Bots have led
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#17327661760371116-472: A media studio for business users, after YouTube's Creator Studio. The discussion platform Reddit added an integrated image hoster replacing the external image sharing platform Imgur , and then an internal video hosting service, followed by image galleries (multiple images in a single post), known from Imgur. Imgur implemented video sharing. YouTube rolled out a Community feature, for sharing text-only posts and polls . According to Statista , it
1209-551: A positive relationship with social media, while emotional stability has a negative sloping relationship with social media. A 2015 study reported that people with a higher social comparison orientation appear to use social media more heavily than people with low social comparison orientation. Common Sense Media reported that children under age 13 in the United States use social networking services although many social media sites require users to be 13 or older. In 2017,
1302-399: A profile revealing personal information about themselves. They can post text, photos and multimedia which are shared with any other users who have agreed to be their friend or, with different privacy settings , publicly. Users can also communicate directly with each other with Messenger , join common-interest groups, and receive notifications on the activities of their Facebook friends and
1395-404: 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 improving groups,
1488-427: A share price of US$ 38 ($ 50.00 in 2023 dollars). The company was valued at $ 104 billion ($ 138 billion in 2023 dollars), the largest valuation to that date. The IPO raised $ 16 billion ($ 21.2 billion in 2023 dollars), the third-largest in U.S. history, after Visa Inc. in 2008 and AT&T Wireless in 2000. Based on its 2012 income of $ 5 billion ($ 6.64 billion in 2023 dollars), Facebook joined
1581-403: A six-month cycle, Facebook committed to work with ten to 15 data-driven startups there. On April 18, Facebook announced the beta launch of Facebook Spaces at its annual F8 developer conference. Facebook Spaces is a virtual reality version of Facebook for Oculus VR goggles. In a virtual and shared space, users can access a curated selection of 360-degree photos and videos using their avatar, with
1674-440: A specific time. A human writes a post content and the bot posts it a specific time. In other cases, cyborgs spread fake news . Cyborgs may work as sock puppets , where one human pretends to be someone else, or operates multiple accounts, each pretending to be a person. A multitude of United States patents are related to social media, growing rapidly. As of 2020 , over 5000 social media patent applications had been published in
1767-516: A story accordingly. Facebook maintained that satirical content should not be intercepted. The algorithm was accused of maintaining a " filter bubble ", where material 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,
1860-843: A subsidiary named Lianshu Science & Technology in Hangzhou City , China, with $ 30 million ($ 36.4 million in 2023 dollars) of capital. All its shares are held by Facebook Hong. Approval of the registration of the subsidiary was then withdrawn, due to a disagreement between officials in Zhejiang province and the Cyberspace Administration of China . On July 26, Facebook became the first company to lose over $ 100 billion ($ 121 billion in 2023 dollars) 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
1953-592: 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 version along with private online directories. Zuckerberg told The Harvard Crimson , "Everyone's been talking a lot about a universal face book within Harvard. ... I think it's kind of silly that it would take the University a couple of years to get around to it. I can do it better than they can, and I can do it in
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#17327661760372046-507: 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 needed to create a centralized Website is readily available ... the benefits are many." Zuckerberg met with Harvard student Eduardo Saverin , and each of them agreed to invest $ 1,000 ($ 1,613 in 2023 dollars) in the site. On February 4, 2004, Zuckerberg launched "TheFacebook", originally located at thefacebook.com. Six days after
2139-409: Is estimated that, in 2022, around 3.96 billion people were using social media globally. This number is up from 3.6 billion in 2020. The following is a list of the most popular social networking services based on the number of active users as of January 2024 per Statista . A 2009 study suggested that individual differences may help explain who uses social media: extraversion and openness have
2232-408: Is refusing to co-operate at all ... We basically now need to sign over our intellectual property to a new company and just take the lawsuit ... I'm just going to cut him out and then settle with him. And he'll get something I'm sure, but he deserves something ... He has to sign stuff for investments and he's lagging and I can't take the lag ." Zuckerberg's attorney warned Zuckerberg that
2325-610: Is shown tend to favor content that spurs negative emotions like anger and outrage. Overall, most online misinformation originates from a small minority of “superspreaders,” but social media amplifies their reach and influence." The PLATO system was launched in 1960 at the University of Illinois and subsequently commercially marketed by Control Data Corporation . It offered early forms of social media features with innovations such as Notes, PLATO's message-forum application; TERM-talk, its instant-messaging feature; Talkomatic , perhaps
2418-956: Is used to document memories, learn, and form friendships. They may be used to promote people, companies, products, and ideas. Social media can be used to consume, publish, or share news . Popular social media platforms with over 100 million registered users include Twitter , Facebook , WeChat , ShareChat , Instagram , Pinterest , QZone , Weibo , VK , Tumblr , Baidu Tieba , Threads and LinkedIn . Depending on interpretation, other popular platforms that are sometimes referred to as social media services include YouTube , Letterboxd , QQ , Quora , Telegram , WhatsApp , Signal , LINE , Snapchat , Viber , Reddit , Discord , and TikTok . Wikis are examples of collaborative content creation. Social media outlets differ from old media (e.g. newspapers , TV , and radio broadcasting ) in many ways, including quality, reach , frequency , usability, relevancy, and permanence. Social media outlets operate in
2511-459: 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 Sheryl Sandberg planned to open Station F, a startup incubator campus in Paris , France . On
2604-916: The Fortune 500 list for the first time in May 2013, ranked 462. The shares set a first-day record for trading volume of an IPO (460 million shares). The IPO was controversial given the immediate 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 October 1, 2012, Zuckerberg visited Russian Prime Minister Dmitry Medvedev in Moscow to stimulate social media innovation in Russia and to boost Facebook's position in
2697-602: The Huffington Post reported that Facebook's PR agency had paid someone to tweak Facebook COO Sheryl Sandberg 's Misplaced Pages 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
2790-865: The United States . This new application allows users to integrate their Instagram posts in their dating profile. Social media Social media are interactive technologies that facilitate the creation , sharing and aggregation of content (such as ideas, interests, and other forms of expression) amongst virtual communities and networks . Common features include: The term social in regard to media suggests platforms enable communal activity. Social media can enhance and extend human networks. Users access social media through web-based apps or custom apps on mobile devices. These interactive platforms allow individuals, communities, and organizations to share, co-create, discuss, participate in, and modify user-generated or self-curated content. Social media
2883-493: The United States Department of Homeland Security use social media data as influencing factors during the visa process, and monitor individuals after they have entered the country. CPB officers have also been documented performing searches of electronics and social media behavior at the border, searching both citizens and non-citizens without first obtaining a warrant. As social media gained momentum among
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2976-559: The marketing industry into an analytical crisis, as bots make it difficult to differentiate between human interactions and bot interactions. Some bots violate platforms' terms of use , which can result in bans and campaigns to eliminate bots categorically. Bots may even pose as real people to avoid prohibitions. ' Cyborgs '—either bot-assisted humans or human-assisted bots —are used for both legitimate and illegitimate purposes, from spreading fake news to creating marketing buzz . A common use claimed to be legitimate includes posting at
3069-454: The network etiquette (or " netiquette ") described in a 1982 handbook on computing at MIT 's Artificial Intelligence Laboratory . ARPANET evolved into the Internet in the 1990s. Usenet , conceived by Tom Truscott and Jim Ellis in 1979 at the University of North Carolina at Chapel Hill and Duke University , was the first open social media app, established in 1980. A precursor of
3162-483: The second annual f8 developers conference on July 23, 2008, the number of applications 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. In early 2008, Facebook became EBITDA profitable, but
3255-727: 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 support Amazon 's Alexa (intelligent 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
3348-518: The Russian market. On January 15, 2013, Facebook announced Facebook Graph Search , which provides users with a "precise answer", rather than a link to an answer by 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
3441-701: The U.S. state of Massachusetts , Saverin at Harvard and Andriejanssen at Tufts . Andriejanssen, who works in the finance industry, comes from a wealthy family that runs several businesses in Indonesia. Saverin renounced his U.S. citizenship in September 2011, thereby avoiding an estimated US$ 700 million in capital gains taxes. This generated media attention and controversy. Saverin claimed that he renounced his citizenship because of his "interest in working and living in Singapore", and denied that he left
3534-454: The United States and Canada . In mid-2004, Napster co-founder and entrepreneur Sean Parker —an informal advisor to Zuckerberg—became company president. In June 2004, the company moved to Palo Alto, California . Sean Parker called Reid Hoffman to fund Facebook. However, Reid Hoffman was too busy launching LinkedIn so he set Facebook up with PayPal co-founder Peter Thiel , who gave Facebook its first investment later that month. In 2005,
3627-429: The United States. Only slightly over 100 patents had been issued. As an instance of technological convergence , various social media platforms adapted functionality beyond their original scope, increasingly overlapping with each other. Examples are the social hub site Facebook launching an integrated video platform in May 2007, and Instagram , whose original scope was low-resolution photo sharing, introducing
3720-435: The ability to share quarter-minute 640×640 pixel videos (later extended to a minute with increased resolution). Instagram later implemented stories (short videos self-destructing after 24 hours), a concept popularized by Snapchat , as well as IGTV , for seekable videos. Stories were then adopted by YouTube . X , whose original scope was text-based microblogging, later adopted photo sharing, then video sharing, then
3813-539: The acquisition of FB.com one of the ten highest domain sales in history. In February 2011, Facebook announced plans to move 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
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3906-503: The advent of Web 2.0 . Social media started in the mid-1990s with the invention of platforms like GeoCities , Classmates.com , and SixDegrees.com . While instant messaging and chat clients existed at the time, SixDegrees was unique as it was the first online service designed for people to connect using their actual names instead of anonymously. It boasted features like profiles, friends lists, and school affiliations, making it "the very first social networking site". The platform's name
3999-408: The audio messages of users. This was especially common of Facebook Messenger, where the contractors frequently listened to and transcribed voice messages of users. After this was first reported on by Bloomberg News , Facebook released a statement confirming the report to be true, but also stated that the monitoring program was now suspended. On September 5, 2019, Facebook launched Facebook Dating in
4092-632: The authorities, or to criticize the city, politics or religion. The content of these foreign influencers is controlled to make sure that nothing portrays Dubai in a negative light. Eduardo Saverin Eduardo Luiz Saverin ( / ˈ s æ v ər ɪ n / SAV -ər-in , Brazilian Portuguese: [eduˈaʁdu luˈis saveˈɾĩ] ; born March 19, 1982) is a Brazilian billionaire entrepreneur and angel investor, known for having co-founded Facebook . In 2012, he owned about 2% of Facebook shares, valued at approximately $ 2 billion at
4185-632: The availability of smartphones. As of 2023 as many as 4.76 billion people used social media some 59% of the global population. A 2015 review identified four features unique to social media services: In 2019, Merriam-Webster defined social media as "forms of electronic communication (such as websites for social networking and microblogging) through which users create online communities to share information, ideas, personal messages, and other content (such as videos)." Social media encompasses an expanding suite of services: Some services offer more than one type of service. Mobile social media refers to
4278-516: The case of a handful of nations, where the age limit is 14 years. As of December 2022, Facebook claimed almost 3 billion monthly active users. As of October 2023, Facebook ranked as the third-most-visited website in the world , with 22.56% of its traffic coming from the United States. It was the most downloaded mobile app of the 2010s. Facebook can be accessed from devices with Internet connectivity, such as personal computers , tablets and smartphones . After registering, users can create
4371-519: The company affirmed Saverin's title as co-founder of Facebook. Saverin signed a non-disclosure contract after the settlement. In 2010, Saverin co-founded Aporta, an online portal for charity. In 2015, Saverin established his venture capital firm, B Capital, investing in Southeast Asia and India. In 2016, Saverin's fund closed initial deals of over $ 140 million in Asia, including Ninja Van ,
4464-411: The company dropped "the" from its name after purchasing the domain name Facebook.com for US$ 200,000 ($ 312,012 in 2023 dollars). The domain had belonged to AboutFace Corporation. In May 2005, Accel Partners invested $ 12.7 million ($ 19.8 million in 2023 dollars) in Facebook, and Jim Breyer added $ 1 million ($ 1.56 million in 2023 dollars) of his own money. A high-school version of
4557-544: The company had deleted 17 accounts related to the 2018 U.S. midterm elections . On September 19, Facebook announced that, for news distribution outside 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
4650-602: The coronavirus disease 2019 pandemic and pediatric critical care." However others in the medical community were concerned about social media addiction, as it became an increasingly important context and therefore "source of social validation and reinforcement" and were unsure whether increased social media use was harmful. Governments may use social media to (for example): Social media has been used extensively in civil and criminal investigations . It has also been used to search for missing persons. Police departments often make use of official social media accounts to engage with
4743-422: The developing 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 advertising revenue, an increase of 21% from the previous year. By September Facebook's market capitalization had exceeded $ 200 billion ($ 257 billion in 2023 dollars). Zuckerberg participated in
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#17327661760374836-491: The dilution might trigger a lawsuit for breach of fiduciary duty . Facebook filed a lawsuit against Saverin, arguing that the stock-purchase agreement Saverin signed in October 2005 was invalid. Saverin then filed a suit against Zuckerberg, alleging Zuckerberg spent Facebook's money (Saverin's money) on personal expenses over the summer. In 2009, both suits were settled out of court. Terms of the settlement were not disclosed and
4929-514: The edge of the box. Following a campaign by 100 advocacy groups, Facebook agreed to update 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
5022-559: The electronic bulletin board system (BBS), known as Community Memory , appeared by 1973. Mainstream BBSs arrived with the Computer Bulletin Board System in Chicago, which launched on February 16, 1978. Before long, most major US cities had more than one BBS, running on TRS-80 , Apple II , Atari 8-bit computers , IBM PC , Commodore 64 , Sinclair , and others. CompuServe , Prodigy , and AOL were three of
5115-816: The family immigrated to the US, settling in Miami , Florida. Saverin attended Gulliver Preparatory School in Miami. He then attended Harvard University , where he was a resident of Eliot House , a member of the Phoenix S.K. Club , and president of the Harvard Investment Association. While an undergraduate at Harvard, Saverin used his interest in meteorology to predict hurricane patterns and made $ 300,000 via investment in oil futures. In 2006, Saverin graduated magna cum laude from Harvard University with
5208-425: The firm conducted a survey of parents of children from birth to age 8 and reported that 4% of children at this age used social media sites such as Instagram , Snapchat , or (now-defunct) Musical.ly "often" or "sometimes". Their 2019 survey surveyed Americans ages 8–16 and reported that about 31% of children ages 8–12 use social media. In that survey, teens aged 16–18 were asked when they started using social media.
5301-403: The first online chat room ; News Report, a crowdsourced online newspaper, and blog and Access Lists, enabling the owner of a note file or other application to limit access to a certain set of users, for example, only friends, classmates, or co-workers. ARPANET , which came online in 1969, had by the late 1970s enabled exchange of non-government/business ideas and communication, as evidenced by
5394-479: The general public to collect information regarding corona virus pandemics in various perspectives. During these days, people are forced to stay at home and the social media have connected and supported awareness and pandemic updates." Healthcare workers and systems became more aware of social media as a place people were getting health information: "During the COVID-19 pandemic, social media use has accelerated to
5487-693: The largest BBS companies and were the first to migrate to the Internet in the 1990s. Between the mid-1980s and the mid-1990s, BBSes numbered in the tens of thousands in North America alone. Message forums were the signature BBS phenomenon throughout the 1980s and early 1990s. In 1991, Tim Berners-Lee integrated HTML hypertext software with the Internet, creating the World Wide Web . This breakthrough led to an explosion of blogs , list servers , and email services. Message forums migrated to
5580-669: The median age was 14, although 28% said they started to use it before reaching 13. Social media played a role in communication during the COVID-19 pandemic . In June 2020, a survey by Cartoon Network and the Cyberbullying Research Center surveyed Americans tweens (ages 9–12) and reported that the most popular application was YouTube (67%). (as age increased, tweens were more likely to have used social media apps and games.) Similarly, Common Sense Media's 2020 survey of Americans ages 13–18 reported that YouTube
5673-466: 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. behind Google . In March 2012, Facebook announced App Center, a store selling applications that operate via the website. The store was to be available on iPhones , Android devices, and for mobile web users. Facebook's initial public offering came on May 17, 2012, at
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#17327661760375766-428: The most widely shared political content on Facebook. In May 2018 at F8 , the company announced it would offer its own dating service. Shares in competitor Match Group fell by 22%. Facebook Dating includes privacy features and friends are unable to view their friends' dating profile. In July, Facebook was charged £500,000 by UK watchdogs for failing to respond to data erasure requests. On July 18, Facebook established
5859-475: The next-highest county, New York County (better known as Manhattan ), at roughly $ 110,000 a year ($ 145,986 in 2023 dollars). 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
5952-640: The pages they follow. The subject of numerous controversies , Facebook has often been criticized over issues such as user privacy (as with the Cambridge Analytica data scandal ), political manipulation (as with the 2016 U.S. elections ) and mass surveillance. Facebook has also been subject to criticism over psychological effects such as addiction and low self-esteem , and various controversies over content such as fake news , conspiracy theories , copyright infringement , and hate speech . Commentators have accused Facebook of willingly facilitating
6045-564: The point of becoming a ubiquitous part of modern healthcare systems." This also led to the spread of disinformation . On December 11, 2020, the CDC put out a "Call to Action: Managing the Infodemic ". Some healthcare organizations used hashtags as interventions and published articles on their Twitter data: "Promotion of the joint usage of #PedsICU and #COVID19 throughout the international pediatric critical care community in tweets relevant to
6138-491: The potential to spread virally , an analogy for the way viral infections spread contagiously from individual to individual. One user spreads a post across their network, which leads those users to follow suit. A post from a relatively unknown user can reach vast numbers of people within hours. Virality is not guaranteed; few posts make the transition. Viral marketing campaigns are particularly attractive to businesses because they can achieve widespread advertising coverage at
6231-462: 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 study published in the journal Vaccine of advertisements posted in
6324-464: The public, publicize police activity, and burnish law enforcement's image; conversely, video footage of citizen-documented police brutality and other misconduct has sometimes been posted to social media. In the United States, U.S. Immigration and Customs Enforcement identifies and track individuals via social media, and has apprehended some people via social media-based sting operations. U.S. Customs and Border Protection (also known as CPB) and
6417-556: The site launched in September 2005. Eligibility expanded to include 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 everyone at least 13 years old with a valid email address . By late 2007, Facebook had 100,000 pages on which companies promoted themselves. Organization pages began rolling out in May 2009. On October 24, 2007, Microsoft announced that it had purchased
6510-631: The site launched, Harvard seniors Cameron Winklevoss , Tyler Winklevoss , and Divya Narendra accused Zuckerberg of intentionally misleading them into believing that he would help them build a social network called HarvardConnection.com . They claimed that he was instead using their ideas to build a competing product. The three complained to the Crimson and the newspaper began an investigation. They later sued Zuckerberg, settling in 2008 for 1.2 million shares (worth $ 300 million at Facebook's IPO , or $ 398 million in 2023 dollars). Membership
6603-487: The site. HTC announced HTC First , a phone with Home pre-loaded. On April 15, 2013, Facebook announced an alliance across 19 states with the National Association of Attorneys General, to provide teenagers and parents with information on tools to manage 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
6696-400: The site. Later, Zuckerberg and Saverin each agreed to invest another $ 18,000 in the operation. As co-founder, Saverin held the role of chief financial officer and business manager. On May 15, 2012, Business Insider obtained and released an exclusive email from Zuckerberg detailing how he cut Saverin from Facebook and diluted his stake. Zuckerberg privately stated at the time, " Eduardo
6789-483: The spread of such content, as well as exaggerating its number of users to appeal to advertisers. 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 each other at a time and asking users to choose the 'hotter' person". Facemash attracted 450 visitors and 22,000 photo-views in its first four hours. The site
6882-438: The support of the controller. Users can access their own photos and videos, along with media shared on their newsfeed. In September, Facebook announced it would spend up to US$ 1 billion on original shows for its Facebook Watch platform. On October 16, it acquired the anonymous compliment app tbh , announcing its intention to leave the app independent. In October 2017, Facebook expanded its work with Definers Public Affairs ,
6975-509: 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 representative called the milestone a "quiet revolution". In October 2010 groups were introduced. In November 2010, based on SecondMarket Inc. (an exchange for privately held companies' shares), Facebook's value
7068-464: 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,
7161-456: The time. Based in Singapore , he is the co-founder and co-CEO of the venture capital firm B Capital, and has also invested in early-stage startups such as Qwiki and Jumio . The richest Brazilian, with an estimated net worth of US$ 30.4 billion as of November 2024 , according to Bloomberg Billionaires Index , he is the 55th richest individual in the world. Eduardo Luiz Saverin
7254-457: The use of social media on mobile devices such as smartphones and tablets . It is distinguished by its ubiquity, since users no longer have to be at a desk in order to participate on a computer . Mobile services can further make use of the user's immediate location to offer information, connections, or services relevant to that location. According to Andreas Kaplan , mobile social media activities fall among four types: Certain content has
7347-448: The web, and evolved into Internet forums , supported by cheaper access as well as the ability to handle far more people simultaneously. These early text-based systems expanded to include images and video in the 21st century, aided by digital cameras and camera phones . The evolution of online services progressed from serving as channels for networked communication to becoming interactive platforms for networked social interaction with
7440-697: The younger generations, governments began using it to improve their image, especially among the youth. In January 2021, Egyptian authorities were reported to be using Instagram influencers as part of its media ambassadors program. The program was designed to revamp Egypt 's image and to counter the bad press Egypt had received because of the country's human rights record. Saudi Arabia and the United Arab Emirates participated in similar programs. Similarly, Dubai has extensively relied on social media and influencers to promote tourism. However, Dubai laws have kept these influencers within limits to not offend
7533-615: Was $ 41 billion ($ 57.3 billion in 2023 dollars). The company had slightly surpassed 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 ($ 11.5 million in 2023 dollars) in "domain sales income", making
7626-476: Was born in São Paulo to a wealthy Jewish-Brazilian family, which later moved to Rio de Janeiro. Saverin's father, Roberto Saverin, was a businessman working in clothing, shipping, energy, and real estate. His mother, Sandra, was a psychologist. He has two siblings. His Romanian-born grandfather, Eugenio Saverin (born Eugen Saverin), is the founder of Tip Top, a chain of children's clothing shops. In 1993,
7719-457: 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 changes 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
7812-441: 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 manage the growth of the website. In March 2004, Facebook expanded to Columbia , Stanford and Yale . It then became available to all Ivy League colleges, Boston University , NYU , MIT , and successively most universities in
7905-446: Was inspired by the " six degrees of separation " concept, which suggests that every person on the planet is just six connections away from everyone else. In the early 2000s, social media platforms gained widespread popularity with the likes of Friendster and Myspace , followed by Facebook , YouTube , and Twitter . Research from 2015 reported that globally, users spent 22% of their online time on social networks, likely fueled by
7998-444: Was introducing clickable hashtags to help 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 previous year, at $ 168,000 a year ($ 222,961 in 2023 dollars), more than 50% higher than
8091-404: Was not cash flow positive yet. On July 20, 2008, Facebook introduced "Facebook Beta", a significant redesign of its user interface on selected networks. The Mini-Feed and Wall were consolidated, profiles were separated into tabbed sections, and an effort was made to create a cleaner look. Facebook began migrating users to the new version in September 2008. In July 2008, Facebook sued StudiVZ ,
8184-488: Was reportedly unaware at the time. In May 2009, Zuckerberg said of the $ 200 million Russian investment, "This investment is purely buffer for us. It is not something we needed to get to cash flow positive." In September 2009, Facebook became cash flow positive ahead of schedule after closing a roughly $ 200 million gap in operating profitability. In 2010, Facebook won the Crunchie "Best Overall Startup Or Product" award for
8277-420: Was sent to several campus group listservs , but was shut down 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 study tool. He uploaded art images, each accompanied by a comments section, to
8370-449: 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 cut ties with the agency in late 2018, following public outcry over their association. Posts originating from the Facebook page of Breitbart News , a media organization previously affiliated with Cambridge Analytica, were among
8463-414: Was the most popular (used by 86% of 13- to 18-year-olds). As children aged, they increasingly utilized social media services and often used YouTube to consume content. While adults were using social media before the COVID-19 pandemic , more started using it to stay socially connected and to get pandemic updates. "Social media have become popularly use to seek for medical information and have fascinated
8556-640: Was valued at $ 10 billion. A separate stake was also acquired by Usmanov's USM Holdings on another occasion. According to the New York Times in 2013, "Mr. Usmanov and other Russian investors at one point owned nearly 10 percent of Facebook, though precise details of their ownership stakes are difficult to assess." It was later revealed in 2017 by the Paradise Papers that lending by Russian state-backed VTB Bank and Gazprom 's investment vehicle partially financed these 2009 investments, although Milner
8649-613: 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 member Moulavi Zahran Hashim,
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