Social networking website Facebook turns nine-year-old
today. Facebook was started on February 4, 2004 in a dorm of Harvard University
by Mark Zuckerburg with the help of his four friends Dustin Moskovitz, Eduardo
Saverin, Andrew McCollum and Chris Hughes. The world's biggest social media
site called thefacebook.com in its initial days, and was later renamed to just
Facebook.
Facebook, which began as Zuckerberg's hobby projects, was
initially a college network. Facebook's expansion to other colleges and
universities started in March 2004. Within months, the social network became a
huge success. In October 2007, software giant Microsoft bought a 1.6 percent
stake in Facebook for $240 million. Search gaint Google too is said to have
offered partnership deal to Facebook. The deal was, however, rejected by
Facebook. The latter went public in May 2012 and was valued at over $100
billion after IPO.
Recently, Facebook
co-founder and CEO Zuckerburg announced a new feature called Graph Search, a
tool that utilises social data to help compile results for users. The company
also rolled out features like Facebook Cards and voice calling on iPhone in
North America to attract users.
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