Facebook has changed into a global product interconnecting civilizations, services, marketing and social lives. The social networking is the most well-known social network site (SNS) around the world, especially among young people in european countries. That enables users to connection with people, share information, including discussion posts of personal interest (Schwartz 2009). Users can easily send e-mail messages, talk with text or face to face, participate in discussion discussion boards, and compose on online message boards, wishing happy birthdays, or producing cheerful feedback. Consumers can make a profile, including pictures and private information. In addition , undesirable viewers can be clogged from selected information to guard the user's privacy (Fisher 2010).
The creator of this global monster is definitely Mark Zuckerberg who founded Facebook about February 2005, from his Harvard dorm room when he was obviously a sophomore student. This general social network was developed from the concept of a college website. After losing out of faculty and going to San francisco, the Facebook's inventor discovered capitalist traders ready to make their share in the fast growing social network. Mark Zuckerberg became the youngest self-made billionaire in history (Open Line Press 2013). People around the globe wondered just how Zuckerberg's fortune was worked out. Some argue that he is much richer than $1. 5 billion dollars when taking into account that Microsoft company invested 240 million dollars in Fb for a 1 . 6 percent stake in 2007. With Microsoft investment, Facebook is placed at a market value of $15 billion dollars. Mark Zuckerberg contains a thirty percent stake in the company, which will would have placed him with $5 billion dollars dollars net worth. The Facebook value is said to be stated on the estim...
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