Six days later, Zuckerberg made TheFacebook go live, but the co-founders faced accusations from 3 seniors of Harvard, that they stole the idea of Facebook from them.
However, within a single month of its launch, half of the undergraduates of Harvard had a Facebook profile. It became so popular and accepted within the students of Harvard university that it was soon made available for three other campuses- Columbia, Stanford, and Yale. By June of , the number of students who had a Facebook profile exceeded , from almost 34 different schools.
In the same year, the Master card and the credit-card companies began to pay for the site exposure. By December , the number of active members at Facebook reached one million. In the same year, Facebook was made available for students outside the United States, and by the end of the year, the number of monthly active users exceeded 6 million.
It was the year when Facebook opened up for everyone in the world beyond students. Anyone in the world who is 13 years or more in age could make a Facebook profile.
With this advancement, many companies particularly the advertisement industry started using Facebook and got a boost. By the year , Facebook became the most visited website on social media. The number of monthly active users exceeds 2. Facebook which rose up from a dorm room at Harvard University and became an internet giant of the present world, holds a lot more opportunities for everyone in the world.
He wanted to create a place that could help college students connect with one another. In January of , Mark Zuckerberg began writing the code for the new site that would eventually become Facebook. The inspiration for it came from an editorial in The Harvard Crimson on Facebook's controversial forerunner, "FaceMash. This site compared the pictures of different Havard student's faces and allowed users to rate them for attractiveness.
Almost overnight, it proved quite popular, attracting 22, views in just 4 hours. Unfortunately for Zuckerberg, the site violated Harvard's policy by hacking into the school's security system and copying student ID images used to access dormitories to acquire the photos needed for the site, not to mention being in dubious taste.
It was shut down by the university within days. His experience with "FaceMash" helped spark the idea for a new site -- a social networking site where students at Harvard could use their ". The site's name was taken, by all accounts, from the sheets of paper distributed to the freshman that profiled students and staff at Harvard. Soon after the new site was launched under the URL thefacebook. The site was an immediate hit, and within just 24 hours of launch, around 1, students had signed up.
Within one month, around half of all Harvard undergraduates had a profile. It soon spread to three other college campuses in the U. US high schools could sign up from September , then it began to spread worldwide, reaching UK universities the following month," according to the Guardian. As we have already seen, the idea for Facebook came from existing practices at Harvard for freshman students.
He was, in his own words, trying to solve a problem he saw around him and not build a multi-million dollar enterprise. So that seemed like a pretty big hole that needed to get filled. As we all know today, Facebook exploded beyond all expectations for Zuckerberg and other Founders. It has more than 2. However, the history of Facebook has not been without controversy. For example, anyone who has watched "The Social Network", may remember an apparent problem with the Winklevoss twins.
Almost as soon as Facebook was launched it was mired in legal issues. Twins Cameron and Tyler Winklevoss, along with Divya Narendra, claimed that Mark Zuckerberg had reneged on an agreement to help them build their own social media site at Harvard.
Allegedly, they claimed that Zuckerberg used their idea and his code to build Facebook instead of their own venture. But this was not the only lawsuit against the fledgling social media site. A New York-based, former wood-pellet salesman called Paul Ceglia also claimed that he was owed a large amount of Facebook stock from a contract with Zuckerberg.
According to Ceglia's claim, back in , he hired Zuckerberg then an year old freshman at Havard to complete some coding for a site called Streetfax, later Streetdelivery. Its address is 1 Hacker Way. February Facebook files for an initial public offering of stock. A few weeks later, it unveils new advertising opportunities for brands, allowing ads to mix in with Facebook status updates and photos.
It also discloses it plans to list its stock on the Nasdaq under the ticker symbol "FB. The following week, the stock price starts dropping amid concerns about Facebook's ability to keep growing revenue and sell ads on mobile devices.
August Facebook updates its app for iPhones and iPads to make it less clunky. The U. September Facebook closes its purchase of Instagram. January Facebook unveils a search feature that lets users quickly sift through their social connections for information about people, interests, photos and places. March Sandberg, the chief operating officer , publishes book urging women to pursue leadership roles. April Facebook unveils a new experience for Android phones.
The idea behind the new Home service is to bring Facebook's content to the phone's home screen, rather than require users to check apps on the device. It's a flop. January Facebook starts to roll out "trending topics," showing users the most popular topics at any given moment. February Facebook launches a news app called Paper with plans for more applications outside of its own. It celebrates year anniversary with Zuckerberg declaring he is "even more excited about the next ten years than the last.
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