Facebook

Diego Asnsolo
8C
Facebook is an online social networking service. Its name comes from a
colloquialism for the directory given to students at some American
universities. Facebook was founded in February 2004 by Mark
Zuckerberg with his college roommates and fellow Harvard University
students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and
Chris Hughes. The founders had initially limited the website's
membership to Harvard students, but later expanded it to colleges in
the Boston area, the Ivy League, and Stanford University. It gradually
added support for students at various other universities before it
opened to high-school students, and eventually to anyone aged 13 and
over. Facebook now allows anyone who claims to be at least 13 years
old to become a registered user of the website.

Users must register before using the site, after which they may create
a personal profile, add other users as friends, exchange messages, and
receive automatic notifications when they update their profile.
Additionally, users may join common-interest user groups, organized
by workplace, school or college, or other characteristics, and
categorize their friends into lists such as "People From Work" or "Close
Friends". As of September 2012, Facebook has over one billion active
users, of which 9% are fake. Facebook (as of 2012) has about 180
petabytes of data per year and grows by over half a petabyte every 24
hours.


In May 2005, Accel partners invested $12.7 million in Facebook, and
Jim Breyer added $1 million of his own money. A January 2009
Compete.com study ranked Facebook the most used social networking
service by worldwide monthly active users.[14] 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?" Facebook eventually filed for an initial public offering on
February 1, 2012; it is headquartered in Menlo Park, California.
Facebook Inc. began selling stock to the public and trading on the
NASDAQ on May 18, 2012.[16] Based on its 2012 income of US$5
billion, Facebook joined the Fortune 500 list for the first time on the
list published in May 2013, being placed at position 462.

In 2012, Facebook was valued at $104 billion. As of January 2014, the
company has about 1.2 billion monthly users.

Summary in my own words:

Facebook is a social media that communicates people from all the world,
throw messages, photos, status, profile from you and your friends.
Facebook was invented by Mark Zuckerberg in Harvard University. First it was
invented to only people from his school, its spreted to other university like
the Boston area, the Ivy League, and Stanford University. Its stay this way
before it opens to high school students and now is for everybody at least 13
ages.
Source; http://en.wikipedia.org/wiki/Facebook


FB USERS BY AGE
13-17
55-65
45-54
35-44
26-34
18-25