Block, SkipCaptcha, apieditor, Automoderated users, Bots, edit, ratelimit-exempt
58,183
edits
Changes
Jump to navigation
Jump to search
Line 15:
Line 15: − + Line 32:
Line 32: − + Line 69:
Line 69: − +
Spelling, grammar, and general cleanup, typos fixed: facebook → Facebook (3), user’s → user's
==Origins==
==Origins==
Facebook was founded in February 2004 by [[Harvard]] sophomores [[Mark Zuckerberg]], Chris Hughes, Dustin Moskovitz, and Eduardo Saverin, with help from Andrew McCollum. By December 2004, after expanding the site to other universities, the number of registered users exceeded one million. In August 2005 Facebook obtained the domain name facebook.com and dropped the "the" from the site's name.
Facebook was founded in February 2004 by [[Harvard]] sophomores [[Mark Zuckerberg]], Chris Hughes, Dustin Moskovitz, and Eduardo Saverin, with help from Andrew McCollum. By December 2004, after expanding the site to other universities, the number of registered users exceeded one million. In August 2005 Facebook obtained the domain name Facebook.com and dropped the "the" from the site's name.
==2010==
==2010==
Facebook has declared it will never use its product to influence how people on the platform vote.<ref>[http://gizmodo.com/facebook-says-it-doesnt-try-to-influence-how-people-vot-1771276946?rev=1460755179651 Facebook Says it Doesn't Try to Influence How People Vote, Gizmodo, April 15, 2016]</ref>
Facebook has declared it will never use its product to influence how people on the platform vote.<ref>[http://gizmodo.com/facebook-says-it-doesnt-try-to-influence-how-people-vot-1771276946?rev=1460755179651 Facebook Says it Doesn't Try to Influence How People Vote, Gizmodo, April 15, 2016]</ref>
In 2012, Facebook developed a tool called 'voter megaphone' raising questions about its use and ability to influence elections. Facebook secretly tampered with 1.9 million user’s news feeds.
In 2012, Facebook developed a tool called 'voter megaphone' raising questions about its use and ability to influence elections. Facebook secretly tampered with 1.9 million user's news feeds.
Facebook tampered with news feeds in 2010 during a 61-million-person experiment to see how Facebook could impact the real-world voting behavior of millions of people.<ref>[http://fowler.ucsd.edu/massive_turnout.pdf A 61-million-person experiment in social influence and political mobilization]</ref>
Facebook tampered with news feeds in 2010 during a 61-million-person experiment to see how Facebook could impact the real-world voting behavior of millions of people.<ref>[http://fowler.ucsd.edu/massive_turnout.pdf A 61-million-person experiment in social influence and political mobilization]</ref>
* In early 2018, it was revealed that the now-defunct data mining firm Cambridge Analytica had inappropriately acquired about 50 million users' personal information around the time of the 2016 U.S. presidential election. Zuckerberg testified before Congress and announced that he would change Facebook's algorithm, aiming to resolve countless privacy issues.
* In early 2018, it was revealed that the now-defunct data mining firm Cambridge Analytica had inappropriately acquired about 50 million users' personal information around the time of the 2016 U.S. presidential election. Zuckerberg testified before Congress and announced that he would change Facebook's algorithm, aiming to resolve countless privacy issues.
As a free service, it is reasonable to say that the users of facebook are the product, rather than the consumers. As Andrew Lewis is credited with saying, "If you are not paying for it, you're not the customer; you're the product being sold." This concept is not new, but it is still valid even though it was originally introduced in reference to television.<ref>[https://books.google.com/books?id=gI_jNL7PN2QC&lpg=PA104&dq=tv%20you%20are%20the%20product&pg=PA104#v=onepage&q=tv%20you%20are%20the%20product&f=false]</ref> Information is valuable to advertisers, since they can use it in targeted marketing. Facebook, like other social media services, makes use of the personal information provided to users to sell advertisements.
As a free service, it is reasonable to say that the users of Facebook are the product, rather than the consumers. As Andrew Lewis is credited with saying, "If you are not paying for it, you're not the customer; you're the product being sold." This concept is not new, but it is still valid even though it was originally introduced in reference to television.<ref>[https://books.google.com/books?id=gI_jNL7PN2QC&lpg=PA104&dq=tv%20you%20are%20the%20product&pg=PA104#v=onepage&q=tv%20you%20are%20the%20product&f=false]</ref> Information is valuable to advertisers, since they can use it in targeted marketing. Facebook, like other social media services, makes use of the personal information provided to users to sell advertisements.
==Initial monetary value==
==Initial monetary value==