History of Facebook and Mark Zuckerberg

History of Facebook and Mark Zuckerberg

History of Facebook and Mark Zuckerberg

 History of Facebook and Mark Zuckerberg

Mark Elliot Zuckerberg ( Mark Zuckerberg ) is an American computer programmer and Internet entrepreneur. He is a co-founder of Facebook, and is currently its chairman and chief executive officer, Zuckerberg launched Facebook from his Harvard University dormitory room on February 4, 2004 with college roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes, Zuckerberg among the 100 wealthiest person in the planet Zuckerberg’s net worth is estimated to be US $72.5 billion  on 2018 Zuckerberg was ranked 10th on Forbes list of The World’s Most Powerful People and most influential people in the world

History of Facebook and Mark Zuckerberg History of Facebook and Mark Zuckerberg

Zuckerberg was born in 1984 in New York He is the son of Karen, a psychiatrist, and Edward Zuckerberg, a dentist Zuckerberg began using computers and writing software in middle school, Zucker built a software program he called “ZuckNet” that allowed all the computers between the house and dental office to communicate with each other, It is considered a “primitive” version of AOL’s Instant Messenger for Father Edward  dental clinic zucker studied psychology and computer science and belonged to Alpha Epsilon Pi and Kirkland House

History of Facebook and Mark Zuckerberg History of Facebook and Mark Zuckerberg

Facebook is a social networking service launched on February 05, 2004 by Mark Zuckerberg with his college roommate and fellow The website’s membership was initially limited by the founders to Harvard students, but was expanded to other colleges in the Boston area, the Ivy League and gradually most universities in the United States and Canada, corporations

Mark Zuckerberg made FaceMash before Facebook in 2003 FaceMash allowed visitors to compare two student pictures side-by-side and let them decide who was hot or not The site was quickly forwarded to several campus group list but was shut down a few days later by the Harvard administration Zuckerberg faced expulsion and was charged by the administration with breach of security, violating copyrights and violating individual privacy, On October 25, 2010 banker Rahul Jain auctioned off FaceMash.com to an unknown buyer for $30201

In January 2004, Zuckerberg began writing code for a new website, known as “TheFacebook” Zuckerberg was joined for promotion of the site by Eduardo Saverin (business aspects), Dustin Moskovitz (programmer), Andrew McCollum (graphic artist), and Chris Hughes. In March 2004, Facebook expanded to Stanford, Columbia, and Yale gradually reached most universities in the United States and Canada, company dropped ‘The’ from its name after purchasing the domain name facebook.com in 2005 for $200000,

December 2005, Facebook made 6 million users Facebook expanded to 21 universities in the United Kingdom and around the world, In 2007, Facebook had 100,000 business pages, allowing companies to attract customers and tell about themselves. October 2008, Facebook announced that it would international headquarters in Dublin, Ireland

February 2011 Facebook had become the largest online photo host, being cited by Facebook application and online photo aggregator Pixable as expecting to have 100 billion photos by summer 2011, As of October 2011, over 350 million users accessed Facebook through their mobile phones, On 2004, venture capitalist Peter Thiel made a $500,000 angel investment in the social network Facebook for 10.2% of the company and joined Facebook’s board This was the first outside investment in Facebook

On October 24, 2007, Microsoft announced that it had purchased a 1.6% share of Facebook for $240 million, giving Facebook a total implied value of around $15 billion, In November 2007 Hong Kong billionaire Li Ka-shing invested $60 million in Facebook, In 2012 Facebook disclosed that its profits had jumped 65% to $1 billion in the previous year when its revenue, which is mainly from advertising, had jumped almost 90% to $3.71 billion, Facebook also reported that 56% of its advertising revenue comes from the U.S. and that 12% of its revenue comes from Zynga, the social network game development company. Payments and other fees were $557 million up from $106 million the previous year,

On April 12, 2012, Facebook acquired photo sharing service Instagram for approximately $1 billion in cash and stock On February 19, 2014 Facebook announced its acquisition of WhatsApp , a smartphone instant messaging application for $19 billion in a mix of stock and cash, The acquisition is the most ever paid for a venture capital backed startup History of Facebook and Mark Zuckerberg

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