I just wanted to say that I think everyone did an awesome job on their presentations last night! 🙂
Here is my project (the word document) :
What is Facebook?
Facebook is a social networking website
It is described as a type of virtual yearbook
-The name of the site refers to the paper facebooks depicting members of the campus community that colleges and preparatory schools give to incoming students, faculty, and staff.
Creation
Created by Harvard students Mark Zuckerburg and Chris Hughes
…Timeline…
2004
Feb. 4 ~ Facebook was launched
– at first only available to Harvard students
-within 2 weeks half the student body joined; within one month, 2/3 of the
students were members.
April ~ expanded to other Boston area schools and all Ivy-League schools
Many individual universities were added in rapid succession by the end of the year
December ~ over 1 million users
2005
September ~ opened to high school students
October ~ expanded to most colleges in the US, Canada, and UK; also, the entire ITESM network in Mexico, University of Puerto Rico, & the University of Virgin Islands
Fall ~ over 5 million active users
December ~ universities in New Zealand & Australia were added -> 11,000,000 users worldwide
2006
June ~ opened to work networks
August ~ added universities in Germany & high schools in Isreal
September ~ “open registration” – anyone with a valid email address could join a regular network
2007
May ~ added a “Classifieds” feature (Facebook Marketplace)
May~ Facebook launched “The Platform” – a system enabling 3rd party companies to integrate their services inside facebook user pages. At this time, 70 companies had already set up applications.
Applications
What is an application? – a program or group of programs designed for end-users (person who actually uses the product).
No longer will Facebook consider itself merely another social network. Instead it is becoming a technology platform on which anyone can build applications for social computing.
At first, only partner companies could create and launch applications to be downloaded and immediately used with account.
Now anyone can create an application by using this website:
http://developers.facebook.com/
Networks
Networks are a way to connect to people in your area
Three types of networks:
-School
-Geographic Region
-Place of Employment
Being a member of a network grants you permission to view most of the profiles in that network and join most of the groups
How Does Facebook Make its Money?
-mostly advertising and sponsorships
-local advertising businesses
-ad- placement alliance with Microsoft – will place banner-ads on the site until 2011
Statistics
24-million users (growing about 150,000 per day):
Users: Over 30 million
60% log in daily.
85% log in at least once a week
93% log in at least once a month.
Daily new user average: 150,000
Monthly new user average: 4 million
Page views: Over 15 billion per month (about 50 pages per user each day)
Searches: Over 500 million per month
Largest network: Toronto, CAN 1,023,085+
Traffic rank: 13th worldwide (6th most trafficked site in the U.S. and gets more page views than eBay ~ says they are targeting Google next.
Photos: 1.7 billion (by far the number one photo site on the internet. )
According to Chris Hughes, spokesman for Facebook, “People spend an average of 19 minutes a day on Facebook.
References
http://money.cnn.com/2007/05/24/technology/facebook.fortune/index.htm?postversion=2007052511
http://www.fastcompany.com/magazine/115/open_features-hacker-dropout-ceo.html
http://www.techcrunch.com/2007/05/24/facebook-launches-facebook-platform-they-are-the-anti-myspace/
http://www.readwriteweb.com/archives/facebook_grows_up.php