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A Milestone in Media History

A Milestone in Media History. History.

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A Milestone in Media History

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  1. A Milestone in Media History

  2. History Facebook was founded in 2004 by Mark Zuckerberg and his college roommates. Initially Facebook was created as a college networking site for Harvard University, and its grown every day since its launch back in 2004. Anyone can use Facebook, as long as you claim to be over 13 years old, which is still an ongoing issue for many parents across the world.

  3. How Big Is Facebook? In September 2012, Facebook hit a total of 1 billion users worldwide, astonishingly 8.7 percent of these profiles were fake, which is worrying to many people and questions are raised every day in terms of the safety of the site.

  4. What's It worth? The majority of Facebook’s revenue comes purely from advertising, and to this date the company is worth around 80 billion us dollars. However despite Facebook’s growth, this evaluation is 24 billion less than when it first went public.

  5. Media Impact In April 2011, Facebook launched a new portal for marketers and creative agencies to help them develop brand promotions on Facebook. The company began its push by inviting a select group of British advertising leaders to meet Facebook's top executives at an "influencers' summit" in February 2010. News and media outlets such as the Washington Post, Financial Times and ABC News have used aggregated Facebook fan data to create various info graphics and charts to accompany their articles.

  6. Social Impact Facebook has affected the social life and activity of people in various ways. With its availability on many mobile devices, Facebook allows users to continuously stay in touch with friends, relatives and other acquaintances wherever they are in the world, as long as there is access to the Internet. It can also unite people with common interests and/or beliefs through groups and other pages, and has been known to reunite lost family members and friends because of the widespread reach of its network.

  7. In Summary There is no doubt that Facebook is arguably the largest milestone in Media history and Social Media history in particular. Facebook offers the opportunity for everyone and anyone to broadcast their opinions and feelings in seconds, news travels faster on Facebook than any other similar platforms. Facebook is undoubtedly a huge milestone in media history.

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