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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, 2004, by Mark Zuckerberg, along with fellow Harvard College students and roommates, Eduardo Saverin, Andrew Mc Collum, Dustin Moskovitz, and Chris Hughes.The Facemash site was quickly forwarded to several campus group list-servers, but was shut down a few days later by the Harvard administration.Zuckerberg faced expulsion and was charged by the administration with breach of security, violating copyrights, and violating individual privacy. Zuckerberg expanded on this initial project that semester by creating a social study tool ahead of an art history final exam.[...] I think it’s kind of silly that it would take the University a couple of years to get around to it.
Microsoft's purchase included rights to place international advertisements on the social networking site.A company representative called the milestone a "quiet revolution." In November 2010, based on Second Market Inc.(an exchange for privately held companies' shares), Facebook's value was billion.Zuckerberg wrote a program called "Facemash" in 2003 while attending Harvard University as a sophomore (second year student).According to The Harvard Crimson, the site was comparable to Hot or Not and used "photos compiled from the online facebooks of nine Houses, placing two next to each other at a time and asking users to choose the “hotter” person".
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Entertainment Weekly included the site on its end-of-the-decade "best-of" list saying, "How on earth did we stalk our exes, remember our co-workers' birthdays, bug our friends, and play a rousing game of Scrabulous before Facebook?