qFacebook is a social network service and website launched in February 2004 that is operated and privately owned by Facebook, Inc.
qAs of July 2010, Facebook has more than 500 million active users, which is about one person for every fourteen in the world.
qUsers may create a personal profile, add other users as friends and exchange messages, including automatic notifications when they update their profile.
qFacebook allows anyone who declares to be at least 13 years old to become a registered user of the website.
qFacebook was founded by Mark Zuckerberg with his college roommates and fellow computer science students Eduardo Saverin, Dustin Moskovitz and Chris Hughes.
qThe website's membership was initially limited by the founders to Harvard students, but was expanded to other colleges in the Boston area, the Ivy League, and Stanford University.
qIt gradually added support for students at various other universities before opening to high school students, and, finally, to anyone aged 13 and over.
qA January 2009 Compete.com study ranked Facebook as the most used social network by worldwide monthly active users, followed by MySpace.Entertainment Weekly put it on its end-of-the-decade 'best-of' lis t
qFacebook has met with some controversy. It has been blocked intermittently in several countries including Pakistan, Syria, the People's Republic of China, Vietnam, Iran, and North Korea.
qIt has also been banned at many places of work to discourage employees from wasting time using the service.
qFacebook's privacy has also been an issue, and the safety of their users has been compromised several times.
qFacebook settled a lawsuit regarding claims over source code and intellectual property.
qThe site has also been involved in controversy over the sale of fans and friends.
qFacebook has approximately 1,400 employees and offices in eight countries.
qRegarding Facebook ownership:
v Mark Zuckerberg owns 24% of the company,
vDigital Sky Technologies owns 5%,
vSean Parker owns 4%,
vGreylock Partners and Meritech Capital Partners own between 1 to 2% each,
v Microsoft owns 1.3%,
vthe Interpublic Group owns less than 0.5%,
va small group of current and former employees and celebrities own less than 1% each, including Matt Cohler, Jeff Rothschild, California U.S. Senator Barbara Boxer, Chris Hughes, and Owen Van Natta, while Reid Hoffman and Mark Pincus
vThe remaining 30% or so are owned by employees, undisclosed number of celebrities, and outside investors.
qFacebook is the most popular social networking site in several English-speaking countries, including:
vCanada,
vthe United Kingdom,
vthe United States.
qIn regional Internet markets, Facebook penetration is highest in:
vNorth America (69 percent),
vMiddle East-Africa (67 percent),
vLatin America (58 percent),
vEurope (57 percent),
vAsia-Pacific (17 percent).
qThe website has won awards such as:
v"Top 100 Classic Websites" by PC Magazine in 2007,
vwinning the "People's Voice Award" from the Webby Awards in 2008.
vIn a 2006 study conducted by Student Monitor, a New Jersey-based company specializing in research concerning the college student market, Facebook was named the second most popular thing among undergraduates, tied with beer and only ranked lower than the iPod.
vIn 2010, Facebook won the Crunchie “Best Overall Startup Or Product” the third year in a row
vone of the "Hottest Silicon Valley Companies" by Lead411.
qHowever, in a July 2010 survey performed by the American Customer Satisfaction Index, Facebook received a score of 64 out of 100, placing it in the bottom 5% of all private sector companies in terms of customer satisfaction, alongside industries such as the IRS e-file system, airlines, and cable companies.
qThe Social Network, a comedy-drama film directed by David Fincher about the founding of Facebook, was released October 1, 2010.
qThe film features an ensemble cast consisting of Jesse Eisenberg as Mark Zuckerberg, Justin Timberlake as Sean Parker, Brenda Song as Christy Lee, Andrew Garfield as Eduardo Saverin, Rooney Mara as Erica, and Armie Hammer as Cameron and Tyler Winklevoss.
qThe film was written by Aaron Sorkin and adapted from Ben Mezrich's 2009 book. The film is being distributed by Columbia Pictures.
qNone of the Facebook staff, including Zuckerberg, is involved with the project.
qHowever, one of Facebook's co-founders, Eduardo Saverin, was a consultant for Mezrich's book.
qMore than 140 million active users
qThe fastest growing demographic is 25 years old and older
qAverage user has 100 friends on the site
qMore than 70% of Facebook users are outside the US
qFacebook does enjoy a steady growth in Malaysia.
qThere have around 800,000 active users as of December 16, in which 45% of them are male, 51% female and 4% unstated.
qIn terms of age groups, young adults are the main contributors as expected.
qTeenagers' (below 18) market share might be one of the main reasons why Facebook is still behind Friendster in Malaysia.
qRegional wise, Malaysia has the most Facebook users in Southeast Asia.
qThis enables the 4th largest population in the world overtaking Singapore at second place and maybe Malaysia in the near future.
qThe new fact is Facebook users in Malaysia has just passed 1 million! http://www.insidefacebook.com/2009/03/02/facebook...
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