A SOCIAL NETWORKING ENTERPRISE

Facebook: A Social Networking Enterprise

Facebook: A Social Networking Enterprise

Abstract

Since the emergence of personnel computer, the daily life of human has shifted a lot from physical working and communication towards virtual working and communication. The emergence of internet and packet data transfer made the role of a computer from an accessory onto a necessity. The latest hype of social media websites in the 21st century has compelled the user to spend double no. of hours over the internet than they used to in the preceding decade. One of the key players of the social media websites is facebook immensely popular for its huge no. of members. This paper deals with research upon the social networking website “facebook”. With over 800 million users around the world, Facebook is the largest social network. It is rare for a company to accomplish such phenomenal growth in such short time. The future of the web and the world of social networking await the number of exciting opportunities that will come when the user base of the website approaches the 1 billion mark. The paper proceeds in a sequential manner, the introduction defines the origin of the website and gives further details about the creator and the process through which it evolved. The discussion will be covering multiple aspects as who is the targeted audience of the website. How the website developed into the most famous social media tool throughout the world. The paper investigates the key working procedure and the business module of the website. The next part highlights the competitors of the social media website facebook. The paper further investigates its social, political and educational impact in the daily lives of people. The paper concludes by suggesting the future of the social media website facebook.

Keywords: Mark Zuckerberg, Facebook, Social Media, Facebook Features, Facebook Technology

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INTRODUCTION

Facebook was launched by Mark Zuckerberg in 2004. Mark Zuckerberg was a student at Harvard University studying psychology. He was a programmer since childhood and had earned repute in the field of programming before entering the Harvard University. In his sophomore years he made a website course matcher, which allowed the user to choose a course on reviews of other students. He then made a program called face mash which was used to compare people on the basis of photos. Face mash provided Zuckerberg with the idea of facebook.

On 4th February, 2004 Zuckerberg launched facebook for his college mates from Harvard's dormitory room. The idea of facebook was inspired fro, his school catalogue which had pictures of students and information about their interests and hometown. This catalogue was called the facebook. Membership was initially restricted for Harvard students only; later the IV league college students were provisioned to use facebook. The students of other colleges and schools were provisioned to access facebo0ok through e - mail accounts. On 26th September, 2006 facebook was accessible globally foe people of ages 13 years and more with a valid e - mail ...