What Is facebook?
Facebook is a web-based application that has gained worldwide popularity, which was launched on August 4 and became the world's most widely used social network in 2007. It consists of many platforms such as Facebook Messenger, Instagram, WhatsApp, Oculus VR (Facebook Reality) etc. Users can create their personal profiles and share information, interact with each other, and make purchases through the different apps or services offered by the parent company. The parent company develops its products on its own platform to keep all operations safe, secure, and privacy-compliant.
The name "Facebook" means "Facebook" in Latin. In fact, it was given this title by founder Mark Zuckerberg when he created the app.
The origin of the app goes back to 2004 when Facebook started its development of software called FriendFeed. According to his research, the idea behind creating the original version of the concept came from another famous student named Andrew Anagnostopoulos. After seeing some photos from AOL News. On February 1, 2003, Jeff Bezo (another co-founder of Facebook), developed 'FriendFeed' and released it from New York University and Harvard College, respectively. Friends, classmates, colleagues, and strangers could all communicate with one another using "FriendFeed". Zuckerberg wrote an article about the story titled, How I Became Part Of A Software Empire.[1]
In early 2005 after the release of Friendfeed's beta version, two friends (David Cay Johnston and Dustin Moskovitz) decided to try out this new feature on their computers, but found the interface confusing at first. They asked friends for help and received positive feedback all of a sudden. Soon enough they had added support for audio chatting and added groups that could be saved and replayed later. That's how Facebook grew. While Friendsfeed was only limited to just 10 million users before being shut down in March 2006, a year later there were nearly 2 billion active accounts. During this time the number continued to increase exponentially. A few years later, Facebook went public on October 29, 2006 at $38 per share on NASDAQ stock exchange under the ticker symbol “FB”. By December 2008, Facebook had become very popular among students, business people, celebrities, teachers and researchers within various fields such as finance, sports, music,[1][2] health and medicine. This spread led to the emergence of more competitors like Yahoo! and Google+. At that point most social networks were still working hard to maintain user satisfaction and to prevent unwanted changes to the system. However, none could match the success of Facebook. Its growth made it one of the biggest tech companies in history, making billions in annual income and becoming a public company in 2013.[3]
History [ edit ]
Facebook was founded with three basic purposes as detailed below: first for sharing photos and videos, text messages, news updates, group chats, location services, and games and second for connecting users via instant messaging and newsfeeds. From this foundation Zuckerberg built his first product, initially known as Friendfeed, to facilitate communication between social groups, friends, family members and coworkers.[4] It was originally designed for college students who used email lists. Later on, Facebook went on to develop several innovations.
Facebook began to allow third-party applications; these are written computer programs allowing users to log into platforms such as FaceTime, Skype, Twitter or even eBay to contact the outside internet. Once logged in, the program would give reminders or notifications on what friend wanted to know. Then it would show related posts to send them alerts and let them decide whether to save the message for later use or forward it to the person they want to see next.[5]
By 2001, it had over 100,000 members.[6]
When Facebook became publicly traded, it started trading at $38 per share on November 9, 2006.[7] As of July 24, 2012, the market capitalization of Facebook is around US$1,049,907 Million.[8]
In June 2011 alone, the social network managed to attract approximately 500 million daily active users. Despite having only 20 million monthly active users, in the same period it boasted of 715 million daily visitors. The average daily visitor spent roughly 21 minutes per month or almost 7 hours every day surfing the site.[9]
In September 2010, Facebook had 3,800 pages that were operational. These pages had been posted by individuals based on mutual interests. Facebook also runs several advertising sites, including Facebook ad-driven video sites that have contributed significantly to revenue.[10] By January 2016, Facebook had more than 250 million mobile downloads and reached 150 million daily users.[11]
In addition to developing tools like Instant Articles and Audience Networking, Facebook has been working on adding features. Some of the latest additions include Facets and Privacy Policy Change[12]
In 2018, Facebook announced plans for building an augmented reality (AR) headset called Horizon Workplace Edition, which will offer employees a better way to access their employer-provided devices, such as laptops, phones, cameras, tablets, headphones, and wearable digital devices.[13]
Privacy policy [ edit ]
Facebook offers a variety of privacy options that may vary depending on the type of account you have, your country, and specific settings you choose.
There are three main Facebook policies that affect users:
Your privacy : Facebook is committed to protecting the personal information and data of everyone who uses our websites, mobile applications, or any other services. We collect certain types of data, including IP addresses and device identifiers, as well as usage and browsing patterns. You can control exactly what information we and others collect about you. For example, if you give us permission to share your contacts with other businesses, schools, or organizations, you can tell us not to share them and receive compensation for unused permissions.[14] If you change your mind later, say so without changing anything else. Our systems do not sell personal data to advertisers and marketers. Your settings : Most Facebook settings are enabled by default. To turn off features such as face-to-face chat, Facebook Business Pages, group messages, and photo albums, go to Settings > Account > Customize > Personal Options. And even though everything we do isn't completely perfect, we strive to keep improving and building new ways for you to connect, feel closer to your friends and family, and stay connected to current events. When you're ready, stop reading now and begin creating. Private Messaging Mode : Facebook lets you do things privately, including sending messages between yourself and other friends, without revealing any part of your conversation. Also, because we're trying to improve your connection with your friends, you'll get a notification when someone sends a private message to you on Facebook Messenger. But since your conversations are kept strictly between a group of people, the entire conversation stays private, unless you specify otherwise. Remember: Only you and whoever you’re talking to will see your full status update.[15] Certain Groups : Facebook allows you up to 30 groups at once. Each group will represent different aspects of your life, giving you a space to organize topics, ideas, and emotions. Group chats, groups' comments, wall status updates and pictures remain separate even after your request — which protects your privacy. Photos and Camera : Facebook supports third-party integrations that allow you to integrate your camera to take photos, attach documents to your phone, or even record videos or live stream content that might be interesting to watch.[16] If you do the above, only you and whoever captured the video will see what happened. Keep in mind that sometimes you might find it useful to post some of your experiences through the lens of a camera, as opposed to recording something on your phone.[17] Other groups: In short, while Facebook does offer free functionality to its members, users can select their preferred social media networks to customize the experience. You can search for your chosen network in the top navigation bar. Notifications to a selected list: Every day, Facebook monitors website activity in order to gather signals about how we're performing. We then use machine learning techniques to analyze traffic between websites and estimate the likelihood that someone is interested.[18] Since Facebook receives tremendous amounts of data, we do not make conclusions based on aggregate data. Instead, we focus on individual, real-time data. For instance, on Tuesday, we detected a visit to ABCD.net and the user visited multiple URL extensions including https://abcdbay.freedictionary.com/, https://abc.freedictionary.com/, https://www.abc.freedictionary.com, and https://abc.freedictionary.com/wiki/?search=abc, which is associated with a Wikipedia page.[19] However, Facebook can't identify if these visits are directly correlated to a Wikipedia page or a webpage with links to the articles the user visited.[20]
Facebook recently introduced automated recommendations for recommended items across the Web, and launched a new feature called Spotlight, which shows photos, friends, and events you've liked (up to 10). If you're looking for something specific to browse online, you can add it to your feed, to better understand where you spend your time. There's no limit to how many times you can view images and stories from a single source, however, it's generally best practice to opt-out of doing so. You can disable Spotlight if you choose to do so.
Facebook also collects certain types of data, including IP addresses and device IDs. By logging into your browser or mobile device, you enable Facebook to track your location; in general, by enabling JavaScript, this tracking requires access to the server. Even if you don't use Facebook ads to show advertisements, those advertisements would still track your data. The only exception to this rule is if you set a cookie: All of your interactions can still be tracked and monitored by Facebook by the date
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