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Thursday, August 15, 2019

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          Facebook, Inc. is an Amesocial media and social networking servicecompany based in Menlo Park, California. It was founded by Mark Zuckerberg, along with fellow Harvard College students and roommates Eduardo SaverinAndrew McCollumDustin Moskovitz and Chris Hughes. It is considered one of the Big Fourtechnology companies along with AmazonApple, and Google.[10][11]    https://www.google.com/url?sa=t&source=web&rct=j&url=https://m.facebook.com/login/&ved=2ahUKEwiNubnhmobkAhXUV3wKHQSYDcQQFjAAegQIAxAB&usg=AOvVaw2w0viUc6w-UMi3Mi1eanGw 
         
   

The founders initially limited the website's membership to Harvard students and subsequently Columbia, Stanford, and Yalestudents. Membership was eventually expanded to the remaining Ivy Leagueschools, MIT, and higher education institutions in the Boston area, then various other universities, and lastly high school students. Since 2006, anyone who claims to be at least 13 years old has been allowed to become a registered user of Facebook, though this may vary depending on local laws. The name comes from the face bookdirectories often given to American university students. Facebook held its initial public offering (IPO) in February 2012, valuing the company at $104 billion, the largest valuation to date for a newly listed public company. Facebook makes most of its revenue from advertisements that appear onscreen and in users' News Feeds.
The Facebook service can be accessed from devices with Internet connectivity, such as personal computerstablets and smartphones. After registering, users can create a customized profile revealing information about themselves. They can post text, photos and multimedia which is shared with any other users that have agreed to be their "friend". Users can also use various embedded apps, join common-interest groups, and receive notifications of their friends' activities. Facebook claimed that had more than 2.3 billion monthly active users as of December 2018.[12] However, it faces a big problem of fake accounts. It caught 3 billion fake accounts in the last quarter of 2018 and the first quarter of 2019.[13] Many critics questioned whether Facebook knows how many actual users it has.[14][15][13] Facebook is one of the world's most valuable companies.
It receives prominent media coverage, including many controversies. These often involve user privacy (as with the Cambridge Analytica data scandal), political manipulation (as with the 2016 U.S. elections), psychological effects such as addiction and low self-esteem, and content that some users find objectionable, including fake newsconspiracy theories, and copyright infringement.[16] Facebook also does not remove false information from its pages, which brings continuous controversies.[17]Commentators have stated that Facebook helps to spread false information and fake news.[18][19][20][21]
Facebook offers other products and services. It acquired InstagramWhatsAppOculus, and GrokStyle[22] and independently developed Facebook MessengerFacebook Watch, and Facebook Portal.              

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