Facebook came to life in 2004 when it was created by now
Hardvard graduate, Mark Zuckerberg (Stone). The social networking site was
started as a way for high-school and college students to communicate with each
other but quickly grew to point where almost everyone, from young to old, has a
Facebook page. Facebook is now owned by Microsoft and is a billion dollar
company (Stone).
2012 is almost over, and by this point, we can find almost
any information about anybody via Facebook. People can find email addresses,
phone numbers, and occasionally addresses in seconds. People often post about
what they are doing and who they are with at any given time. We share our
personal information which can be viewed by anyone (there are privacy measures
but these only go so far). It has become customary for us to share our business
with the rest of the world.
Many people might say that Facebook killed MySpace, another
social networking site that was extremely popular in the early 2000’s. Now
MySpace is mainly used as a media site where people can listen and download
music and watch music videos (Hartung). It isn’t really
used as its original purpose as a social networking site anymore. Facebook has
an endless amount of games and applications and advertisements that MySpace did
not, which drew the attention of millions of people (Hartung).
Financially speaking, Facebook is the top dog of all social networking sites. In
2010, MySpace lost $350 million and laid of half of its staff because it could
not compete with Facebook anymore (Hartung).
Works Cited
Hartung, Adam. How Facebook Beat MySpace. 14
January 2011. 13 October 2012
<http://www.forbes.com/sites/adamhartung/2011/01/14/why-facebook-beat-myspace/>.
Stone, Brad. Facebook.
7 December 2007. 13 December 2012 <http://topics.nytimes.com/top/news/business/companies/facebook_inc/>.
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