Profile – Facebook
Location: Palo Alto, California
Public/Private: Facebook is a private company
Launch Date: February 2004
In the company’s own words, what is it?
Facebook is a social utility that helps people better understand the world around them. Facebook develops technologies that facilitate the spread of information through social networks, allowing people to share information online the same way they do in the real world. Anyone with a valid email address from a supported organization, company, college or high school can register for Facebook. They can then create profiles to connect with friends, share interests, join groups, send messages, write notes and post photos. Facebook launched in February 2004, and the website now has over 9 million registered users across more than 40,000 regional, work, college and high school networks. According to comScore, Facebook is the seventh-most trafficked site on the web and is the number one photo-sharing site.
Outside quote about company:
Quote posted on News.com: “If corporate Facebook takes off like in colleges,” Minority Rapport blogger Doug Sherrets wrote Thursday, “Facebook could connect and ‘own’ the job market. In that case, not only does LinkedIn become completely irrelevant, but HotJobs, Monster and the like will face a two-front war: Craigslist on one side; ‘Mark’s list’/Facebook Jobs on the other.”
Quote on The Ball State Daily News Online (authored by Brittany Mazzola): “Although updates went up on Facebook Tuesday morning, the Web site was down for Ball State University students. The changes turned Facebook from a directory into a streaming news service. Ball State students were unable to access the Web site from campus for the majority of the school day due to problems with equipment service that temporarily and unintentionally blocked the Web site.”
– Look up people around you.
– See how people know each other.
– Make groups and events with your friends.
Mark Zuckerberg Founder and CEO
Dustin Moskovitz Co-founder and CTO
Owen Van Natta COO
Matt Cohler VP Strategy and Business Operations
Chris Hughes Co-founder
Facebook Gets a Facelift – September 5, 2006
Microsoft and Facebook Team Up for Advertising Syndication – August 22, 2006