Facebook History
Founded
Facebook founded in 2004 by Mark
Zuckerberg while attending Harvard
University as a sophomore. He
launched "The Facebook" originally
located at thefacebook.com on
February, with some financial help
from Andrew McCollum and Eduardo
Saverin. Within months, more than
half of Harvard students have become
registered users and then expanded to
other colleges in the Ivy League.
Developing
In May 2004, he dropped out of
Harvard and moved to Silicon Valley
with McCollum and Dustin
Moskovitz. In August 2005, “The
Facebook” dropped the “The” and
“Facebook.com” was registered for
$200,000. In 2006, Facebook
expanded once again. Now anyone
with a valid email address could sign
up and populate their profile with
their stats, and signup they did.
As a Blog
In August 2006, Facebook introduced
Facebook Notes, a blogging feature with
tagging, embedded images, and other
features, also allowing the importation
of blogs from Xanga, LiveJournal,
Blogger, and other blogging services. This
newly added feature also included the
common blog feature of allowing readers
to comment on users’ entries.
Making Money
In May 2007, Facebook unveiled
an initiative called “Facebook
Platform”, inviting third-party
software makers to create
programs for the service and to
make money on advertising
alongside them. In August 2007
Facebook announced that it was
looking to “translate its popularity
into bigger profits” by offering
advertisers direct access to their
targeted demographic consumers.