Monday 3 February 2014

Facebook Turns 10

Facebook Completed its Ten Years on February 4th 2014.

Facebook was founded in February 2004 by Mark Zuckerberg with his college roommates and fellow Harvard University students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. The founders had initially limited the website's membership to Harvard students, but later expanded it to colleges in the Boston area, the Ivy League, and Stanford University. It gradually added support for students at various other universities before it opened to high-school students, and eventually to anyone aged 13 and over. Facebook now allows anyone who claims to be at least 13 years old to become a registered user of the website.


At the end of January 2014, 1.23 billion users were active on the website every month, while on December 31, 2013, 945 million of this total were identified by the company as mobile users.



In an interview to The Times of India, Facebook’s India chief, Kirthiga Reddy, confirmed that India is top of mind at Facebook’s HQ. Mark Zuckerberg – or Zuck, as she calls him – sees India as a key market for its monetisation drive and a lead market for Facebook’s emerging economy models. The numbers tell Facebook’s growth story in India. The social networking website sees 2 million new users in India each month and is currently home to 93 million users in the country. The numbers impress further when you realise that the Indian user base is second only to the US in the world right now.

Among the growing challenges is the soaring popularity of smartphone apps that let people share images, videos, thoughts or observations at any moment. Social networking sites such as Pinterest, Twitter and SnapChat have sparked concerns that Facebook which set a social networking trend in motion may be losing its original teen base. 

Teens in the US have been moving on to more private modes of communications, some even risqué ones at that. Facebook’s stumble has put more attention on apps like WhatsApp, WeChat, and most importantly, Snapchat. The apps afford them the ability to talk to their friends one on one, eliminating any risks of their messages being intercepted by parents. Elders in the family being a part of the website has turned out to be another reason why teens are seemingly deserting Facebook.

After Completing 10 Years of Leadership in Social Networking, Let Us See Weather it is going to continue its position or degrade like a Sinking Ship. Comment Your Views Below in Comments Section.

HAPPY BIRTHDAY FACEBOOK

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