Slideshow Transcript

1. Slide 1:101 Facebook Please view this at full screen or download Written by
2. Slide 2:1. The Lowdown. Facebook is a social networking Web site, launched on February 4, 2004, by Mark Zuckerberg a former Harvard student. The name of the site refers to the paper face books given to incoming students at colleges so they can recognize people. Here members create profiles that often contain photos and lists of personal interests, exchange private or public messages, and join groups of friends. Users often join networks, such as a schools, places of employ- ment, geographic regions, or social groups. Facebook has taken over MySpace as the most-popular social networking site in the world. In October 2007, Bill Gates paid $120 million for a 1.6% stake in Facebook, valuing it at $7.5 billion. Not bad for somet