100 years in…Technology Part 4
This is the last part of “100 years in Technology”, and I hope you enjoyed the series. If you have not seen the other 3 parts of the series then please check out the link below.
The Face of Facebook
In February 2004, Mark Zuckerberg launched “the Facebook”, as it was originally known; the name taken from the sheets of paper distributed to college freshman, profiling students and staff. The main intention for the Facebook was to create personal profiles for all students, enabling you to search for students’ personal profiles to find out information about them.Within 24 hours, 1200 Harvard students had signed up and after one month over half of the undergraduate population had a profile on ‘the Facebook’.
The network was promptly extended to other Boston universities, the Ivy League and eventually all US universities. It became Facebook.com in August 2005 after the address was purchased for $200,000. Facebook spread to most universities and schools worldwide. It soon changed so that anyone with a registered email address could make a Facebook account for free. It’s now considered as an online social networking service with 500 million people globally using Facebook. According to Facebook statistics, you have a 1/9 chance of finding anyone on Facebook. It’s currently worth $200 billion, and advertises for over 1 million companies at the moment with roughly 25 million active small business pages.
Facebook is currently the most visited website in the world right now, based on linking root domains. It has many benefits such as: sharing and finding information, chatting to old/new friends, business promotion and entertainment.
It’s basically a “one-stop shop” for people of all ages to communicate and keep up with the latest developments in their social circles, personal interests and entertainment.
This simple, yet genius invention, changed the way that companies advertise and promote their products and services. It has allowed advertisers to get broader exposure to wider audiences, creating a greater chance for more customers and brand recognition.
Here is an interesting fact – on average Facebook users that have a smartphone check their Facebook 14 times a day.
What has been your favourite technology invention of the past decade? Tweet me @AadilAtNotch.