| Line 1: |
Line 1: |
| | [[Image:Newfacebooklogo3.jpg|right]] | | [[Image:Newfacebooklogo3.jpg|right]] |
| − | '''Facebook''' (stylized '''facebook''') is a social networking website originally available only to college students, but was soon opened up to the public at large with advertising and promotions. The main function of the program is to connect people with similar interests and bring them together and allowing them to communicate easily though as time passed and people who are computer savvy and creative people became part of it, groups, organizations and applications soon became part of the experience. | + | '''Facebook''' (stylized '''facebook''') is a social networking website originally available only to college students, but was soon opened up to the public at large with advertising and promotions. Users can waste their time on it in a variety of ways: by uploading pictures (typically of themselves), by gossiping about others, by interfering with marriages and personal relationships, and by acting like a busybody. |
| | | | |
| − | They way people use Facebook is dependent on the person. Gamers use the program to play (mostly) free games. Organizers can make groups and find a possibly unlimited pool of of people to join them. Friends and family can use it to keep in touch with people easily.
| + | One survey conducted showed that Facebook feeds narcissistic tendencies.<ref>http://articles.cnn.com/2010-08-30/tech/facebook.narcissism.mashable_1_facebook-social-networking-status-updates?_s=PM:TECH</ref> |
| | + | |
| | + | Other studies done have shown that the use of Facebook is associated with poorer performance in school. Facebook use is also associated with a substantial percentage of marital problems. The site is heavily promoted by [[liberal]]s, presumably because it is so unproductive or even counterproductive. |
| | + | |
| | + | Anybody with an account can create an unlimited amount of unproductive pages, which can then be "liked" by other users. |
| | | | |
| | Facebook is based in Palo Alto, [[California]]. The name of the site is based on the paper facebooks that many colleges give to incoming students, faculty, and staff depicting members of the campus community.<ref> [http://www.associatepublisher.com/e/f/fa/facebook.htm Facebook] </ref> | | Facebook is based in Palo Alto, [[California]]. The name of the site is based on the paper facebooks that many colleges give to incoming students, faculty, and staff depicting members of the campus community.<ref> [http://www.associatepublisher.com/e/f/fa/facebook.htm Facebook] </ref> |
| − |
| |
| − | ==Origins==
| |
| − | Facebook was founded in February 2004 by [[Harvard]] sophomores [[Mark Zuckerberg]] and Eduardo Saverin, with help from Andrew McCollum. 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's name.
| |
| | | | |
| | ==Monetary Value== | | ==Monetary Value== |
| Line 14: |
Line 15: |
| | | | |
| | In 2011, [[Goldman Sachs]] invested $500 million in Facebook. It is speculated that Goldman Sachs may be put in charge of an initial public offering of Facebook stock in 2012. Valuations are speculated at between $10 and $50 billion. <ref>[http://www.foxbusiness.com/personal-finance/2011/01/03/goldman-digital-sky-technologies-invest-facebook-report/?test=latestnews Is Facebook Worth $50B?, Fox Business, January 3, 2011]</ref> | | In 2011, [[Goldman Sachs]] invested $500 million in Facebook. It is speculated that Goldman Sachs may be put in charge of an initial public offering of Facebook stock in 2012. Valuations are speculated at between $10 and $50 billion. <ref>[http://www.foxbusiness.com/personal-finance/2011/01/03/goldman-digital-sky-technologies-invest-facebook-report/?test=latestnews Is Facebook Worth $50B?, Fox Business, January 3, 2011]</ref> |
| | + | |
| | + | ==Origins== |
| | + | Facebook was founded in February 2004 by [[Harvard]] sophomores [[Mark Zuckerberg]] and Eduardo Saverin, with help from Andrew McCollum. 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's name. |
| | | | |
| | ==2010== | | ==2010== |
| Line 19: |
Line 23: |
| | | | |
| | It has been known among Silicon Valley technology companies that Facebook has been luring away [[Google]] employees to the extent that Google is now offering bonuses for staying with the company. On October 15, 2010, Facebook announced the release of a new email client. Internally referred to as Titan, the media has dubbed it a "Gmail Killer". Zuckerberg insists it is not a head-to-head competitor of Google's Gmail service; rather, it will be more of a instant messaging service. <ref>[http://www.foxnews.com/scitech/2010/11/15/gmail-beware-facebook-unveils-e-mail-service/ E-MAIL WAR: Facebook Launches 'Gmail Killer' -- AOL Jumps In, Too, FOX News, November 15, 2010]</ref> | | It has been known among Silicon Valley technology companies that Facebook has been luring away [[Google]] employees to the extent that Google is now offering bonuses for staying with the company. On October 15, 2010, Facebook announced the release of a new email client. Internally referred to as Titan, the media has dubbed it a "Gmail Killer". Zuckerberg insists it is not a head-to-head competitor of Google's Gmail service; rather, it will be more of a instant messaging service. <ref>[http://www.foxnews.com/scitech/2010/11/15/gmail-beware-facebook-unveils-e-mail-service/ E-MAIL WAR: Facebook Launches 'Gmail Killer' -- AOL Jumps In, Too, FOX News, November 15, 2010]</ref> |
| − |
| |
| | ==Liberal Policies== | | ==Liberal Policies== |
| | The world's largest online social network added civil unions and domestic partnerships to the list of relationships that its users can pick from to best describe their romantic status. The [[Gay & Lesbian Alliance Against Defamation]] had lobbied for the policy adoption and is only available to Facebook users in the U.S., Canada, the U.K., France and Australia. <ref>[http://www.foxnews.com/scitech/2011/02/18/facebook-adds-support-sex-civil-unions Facebook Adds Support for Same-Sex Civil Unions, Fox News, February 18, 2011</ref> | | The world's largest online social network added civil unions and domestic partnerships to the list of relationships that its users can pick from to best describe their romantic status. The [[Gay & Lesbian Alliance Against Defamation]] had lobbied for the policy adoption and is only available to Facebook users in the U.S., Canada, the U.K., France and Australia. <ref>[http://www.foxnews.com/scitech/2011/02/18/facebook-adds-support-sex-civil-unions Facebook Adds Support for Same-Sex Civil Unions, Fox News, February 18, 2011</ref> |
| Line 34: |
Line 37: |
| | *As with Google ads, Facebook collects profile information, and places ads on the page that reflect the user's personal information. This resulted in one man logging into his facebook account, and seeing his wife's photograph appear in an advertisement for a dating website.<ref> [http://www.kvoa.com/news/husband-finds-wife-in-facebook-singles-ad/] Husband finds wife in facebook singles ad</ref> | | *As with Google ads, Facebook collects profile information, and places ads on the page that reflect the user's personal information. This resulted in one man logging into his facebook account, and seeing his wife's photograph appear in an advertisement for a dating website.<ref> [http://www.kvoa.com/news/husband-finds-wife-in-facebook-singles-ad/] Husband finds wife in facebook singles ad</ref> |
| | *The privacy settings on Facebook give users a false sense of security and encourage people to post things they shouldn't. As with other social networks, Facebook refuses to admit that its privacy settings that apparently allow only "friends" to see certain information are completely bogus and can easily be cracked by people with little to no [[hacking]] experience. Instead, Facebook actually ''encourages'' young users to only allow "friends" to see certain information, rather than just warning them that what they post can be seen by the world and to not post what they wouldn't want people to see. | | *The privacy settings on Facebook give users a false sense of security and encourage people to post things they shouldn't. As with other social networks, Facebook refuses to admit that its privacy settings that apparently allow only "friends" to see certain information are completely bogus and can easily be cracked by people with little to no [[hacking]] experience. Instead, Facebook actually ''encourages'' young users to only allow "friends" to see certain information, rather than just warning them that what they post can be seen by the world and to not post what they wouldn't want people to see. |
| − |
| |
| − | ==Studies done on Facebook==
| |
| − |
| |
| − | One survey conducted showed that Facebook feeds narcissistic tendencies.<ref>http://articles.cnn.com/2010-08-30/tech/facebook.narcissism.mashable_1_facebook-social-networking-status-updates?_s=PM:TECH</ref>
| |
| − |
| |
| − | Other studies done have shown that the use of Facebook is associated with poorer performance in school. Facebook use is also associated with a substantial percentage of marital problems. {{Citation Needed}}
| |
| | | | |
| | ==References== | | ==References== |