Facebook may be a for-profit corporation and on-line social networking service headquartered in Menlo Park, California, within the us. Its web site was launched on February four, 2004 by Mark Zuckerberg along with his Harvard faculty roommates and fellow students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. The founders had ab initio restricted the website's membership to Harvard students, however later expanded it to high schools within the state capital space, the conference, and Stanford. It bit by bit intercalary support for college kids at varied alternative universities and later to highschool students. Since 2006, anyone generally aged thirteen and older has been allowed to become a registered user of the web site, although variations exist within the minimum age demand, reckoning on applicable native laws. Its name comes from the face book directories usually given to yankee university students.
After registering to use the positioning, users will produce a user profile, add alternative users as "friends", exchange messages, post standing updates and photos, share videos, use varied apps, and receive notifications once others update their profiles. in addition, users might be part of common-interest user teams organized by geographical point, school, or alternative characteristics, and reason their friends into lists like "People From Work" or "Close Friends". Also, users will complain or block unpleasant folks. Facebook had over one.59 billion monthly active users as of August 2015. attributable to the massive volume of information that users suffer the service, Facebook has come back underneath scrutiny for his or her privacy policies. Facebook, Inc. command its initial public giving in February 2012 and commenced merchandising stock to the general public 3 months later, reaching an inspired peak market capitalisation of $104 billion. On July 13, 2015, Facebook became the quickest company within the customary & Poor's five hundred Index to achieve a market cap of $250 billion. Following its Q3 earnings decision in 2015, Facebook's market cap exceeded $300 billion.
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