Facebook Company Information

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Corporate Headquarters of Facebook, Inc.

Palo Alto, California, U.S. (main headquarters; serves the Americas)
Dublin, Ireland (headquarters for Europe, Africa, Middle East)
Seoul, South Korea (headquarters for Asia)
Wellington, New Zealand (headquarters for Oceania)
Hyderabad, India (Headquarters for South Asia)

History of Facebook, Inc.

Mark Zuckerberg wrote Facemash, the predecessor to Facebook, on October 28, 2003, while attending Harvard as a sophomore. Facebook was launched in February 2004 that is operated and privately owned by Facebook, Inc. Where did the name “Facebook” come from? The name of the service stems from the colloquial name for the book given to students at the start of the academic year to help students to get to know each other. When Facebook.com was first launched its membership was limited to the founders and Harvard students, but was expanded to other colleges in the Boston area, the Ivy League, and Stanford University soon afterwards. It then added support for students at various other universities before opening to high school students, and, finally, to anyone aged 13 and over in September of 2006. Though it started as a college network, it has expanded to become a vast social system of sharing information and ideas among added online “friends”.

Facts about Facebook, Inc.

What type of Company is Facebook, Inc.: Private

Who is the oldest person on Facebook.com: At age 102, Ivy Bean of Bradford, England joined Facebook in 2008, making her one of the oldest people ever on Facebook.

Where was Facebook.com founded: In 2004 in Cambridge, Massachusetts

Who founded Facebook, Inc.: Mark Zuckerberg, Eduardo Saverin, Dustin Moskovitz, Chris Hughes

Facebook, Inc. annual Revenue:
2006: 52 million
2007: 150 million
2008: 280 million
2009: 800 million
2010: 1.1 Billion

How many people work at Facebook, Inc.: 1700+ (2010)

What type of site is Facebook.com: Social network service

Primary Revenue Source: Banner ads, referral marketing, Casual games

How many users does Facebook.com have:
August 26, 2008: 100 million users
April 8, 2009: 200 million users
September 15 2009: 300 million users
February 5, 2010: 400 million users
July 2010: 500 million users

When was Facebook.com Launched: February 4, 2004

Facebook, Inc. Executive Team

Mark Zuckerberg (CEO)
Chris Cox (VP of Product)
Sheryl Sandberg (COO)

Timeline of Key Events in Facebook, Inc. History 2003-2010

Facebook, Inc. Key Events From 2003

October 28, 2003: Mark Zuckerberg releases Facemash, the predecessor to Facebook. It was described as a Harvard University version of Hot or Not,but used a 2 way picture comparison, rather than a numerical rating system, similar to the 4 way comparison system used on MyTypeOfGirl.com.

Facebook, Inc. Key Events From 2004

January 2004: Zuckerberg begins writing Facebook.
January 11, 2004: Zuckerberg registers thefacebook.com.
February 4, 2004: Zuckerberg launches Facebook.
March 2004: Facebook expands to Stanford University, Columbia University, and Yale University.
April 13, 2004: Zuckerberg, Dustin Moskovitz, and Eduardo Saverin form Thefacebook.com LLC.
June 2004: Facebook receives its first investment for 500 thousand dollars from Peter Thiel.
June 2004: Sean Parker becomes its president.
June 2004: Facebook moves its operations to Palo Alto, California.
September 2004: Groups application is added; the Wall is added as a Profile feature
September 2004: ConnectU files a lawsuit against Zuckerberg and other Facebook founders

Facebook, Inc. Key Events From 2005

May 2005: Facebook grows to support more than 800 college networks
May 26, 2005: Accel Partners invests $13 million.
July 19, 2005: News Corp acquires MySpace, spurring rumors about the possible sale of Facebook.
August 23, 2005: Facebook acquires Facebook.com domain for $200,000.
August 2005: The company officially changes its name to Facebook from thefacebook.com
September 2005: Facebook expands to add high school networks
October 2005: Photos is added as an application and Facebook begins to add international school networks

Facebook, Inc. Key Events From 2006

2006: A leaked cash flow statement shows that Facebook had a net loss of $3.63 million for the 2005 fiscal year.
March 28, 2006: A potential acquisition of Facebook is reportedly under negotiations.
April 2006: Facebook Mobile feature launches
May 2006: Facebook expands to add work networks
August 2006: Facebook development platform launches and Notes application is introduced
September 26, 2006: Facebook opens to everyone aged 13 and over with a valid email address.
September 2006: News Feed and Mini-Feed are introduced with additional privacy controls.
November 2006: Share feature added on Facebook, simultaneously launched on over 20 partner sites

Facebook, Inc. Key Events From 2007

February 2007: Virtual gift shop launches as a feature
March 2007: Facebook reaches over 2 million active Canadian users and 1 million active UK users
March 9, 2007: Facebook launches a countersuit in regards to Social Butterfly, a project put out by The Winklevoss Chang Group, an alleged partnership between ConnectU and i2hub.
April 2007: Facebook updates site design and adds network portals
May 2007: Facebook launches Marketplace application for classified listings. Facebook Platform launches with 65 developer partners and over 85 applications
July 17, 2007: Zuckerberg announces that selling Facebook is unlikely.
July 2007: Facebook acquires startup Parakey
September 2007: Microsoft approaches Facebook, proposing an investment for a 5% stake in the company for $300–500 million.
October 24, 2007: Microsoft announces that it purchased a 1.6% share of Facebook for $240 million.
October 2007: Facebook launches Facebook Platform for Mobile
November 2007: Facebook launches Facebook Ads
November 2007: Hong Kong billionaire Li Ka-shing invests $60 million in Facebook.

Facebook, Inc. Key Events From 2008

February 2008: Facebook launches in Spanish and French
March 2008: Facebook updates privacy controls to include Friend List privacy. Facebook launches in German
April 2008:Facebook launches Facebook Chat
June 2008: Facebook settles both lawsuits, ConnectU vs Facebook, Mark Zuckerberg et al. and intellectual property theft, Wayne Chang et al. over The Winklevoss Chang Group’s Social Butterfly project.
August 2008: Employees reportedly privately sell their shares to venture capital firms, at a valuation of close to $5 billion.
August 2008: Facebook reaches over 100 million active users
October 2008: Facebook opens its international headquarters in Dublin, Ireland.
December 2008: Facebook Connect becomes generally available

Facebook, Inc. Key Events From 2009

December 2009: Facebook reaches over 350 million active users
September 2009: Facebook reaches over 300 million active users
September 2009: Facebook claims that it has turned cash flow positive for the first time.
August 2009: Facebook acquires FriendFeed
July 2009: Facebook reaches over 250 million active users
June 2009: Facebook launches Facebook Usernames
May 2009: Digital Sky Technologies makes a $200 million investment for preferred stock at a $10 billion valuation
April 2009: Facebook reaches over 200 million active users
February 2009: “Like” feature added
January 2009: CNN Live/Facebook integration

Facebook, Inc. Key Events From 2010

February 2010: Facebook acquires Octazen Solutions.
April 2, 2010: Facebook announces the acquisition of Divvyshot.
April 19, 2010: Facebook introduces Community Pages.
April 21, 2010: Facebook introduces Instant Personalization.
June 2010: Facebook employees sell shares of the company on SecondMarket at a company valuation of $11.5 billion.
July 2010: Facebook launches beta of Questions
August 2010: Facebook launches Places
September 2010: Facebook receives a letter from Greenpeace containing half a million signatures asking the company to cut its ties to coal based electricity from PacifiCorp.
October 1, 2010: The Social Network, a film about the beginnings of Facebook directed by David Fincher is released.

What is Facebook Stalking

Facebook stalking is a method of gathering information about someone through information posted on an individual’s profile. Facebook allows users to continuously view pictures of the person being stalked through posts informing the social network that this person has uploaded more photos. The main purpose of Facebook stalking is to discover the true personality of an individual.

According to Kathy Kristof of Yahoo finance, things that you should not put on Facebook are:

1. Your birth and place
2. Vacation Plans
3. Home Address
4. Confessionals
5. Password Clues
6. Risky Behavior

Resources about Facebook.com and Facebook, Inc.

NY Times news and articles about Facebook.
Official blog for Facebook.com
Official Twitter Page for Facebook.com
Telegraph.co.uk News and articles about Facebook.com

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