Changes

'''Facebook''' is a social website originally used by college students but has recently been opened up to include high schools, geographic regions and places of employment.  Users can upload pictures of themselves, write blogs, and add people as their friends thus creating a large social network.

'''Facebook''' is a social website originally used by college students but has recently been opened up to include high schools, geographic regions and places of employment.  Users can upload pictures of themselves, write blogs, and add people as their friends thus creating a large social network.

=Origins=

==Origins==

In February 2004, Thefacebook was founded by Harvard sophomore Mark Zuckerberg, with help from Andrew McCollum and Eduardo Saverin.  By December of 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.

In February 2004, Thefacebook was founded by Harvard sophomore Mark Zuckerberg, with help from Andrew McCollum and Eduardo Saverin.  By December of 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.

=Value=

==Value==

It is rumored that Facebook generates around $1 million per week in revenue. <ref>[http://www.techcrunch.com/2006/04/26/facebook-goes-beyond-college-high-school-markets/]</ref>

It is rumored that Facebook generates around $1 million per week in revenue. <ref>[http://www.techcrunch.com/2006/04/26/facebook-goes-beyond-college-high-school-markets/]</ref>

In September 2006, Yahoo! began talks with Facebook about a possible acquisition for as high as $1 billion. In October Google allegedly offered $2.3 billion.<ref>[http://www.webpronews.com/topnews/2006/10/10/first-youtube-now-facebook-rumors-circulate]</ref>

In September 2006, Yahoo! began talks with Facebook about a possible acquisition for as high as $1 billion. In October Google allegedly offered $2.3 billion.<ref>[http://www.webpronews.com/topnews/2006/10/10/first-youtube-now-facebook-rumors-circulate]</ref>

=Concerns=

==Concerns==

* As with all social networking websites there is concern with users' privacy.  Many young users upload personal information making them more vulnerable to phishing attacks.

* As with all social networking websites there is concern with users' privacy.  Many young users upload personal information making them more vulnerable to phishing attacks.

* Universities have begun to use student's pages to investigate underage drinking and other violations of university policy.

* Universities have begun to use student's pages to investigate underage drinking and other violations of university policy.