StudentShare solutions
Triangle menu

Facebook - Essay Example

Extract of sample

Business, marketing, advertising, politics etc are some segments in which facebook contributed heavily to the global public apart from providing instant communication opportunities. The recent political developments in Arab world are believed to be stimulated by facebook. In fact the current Arab revolution is referred as facebook revolution. “The dictator of Tunisia was overthrown in less than one month after being in power for 23 years. There is no question about how opponents of his regime were able to topple it. Two words describe it: Facebook, Twitter”. In Libya also facebook contributed heavily for the expulsion of Gadhafi. In short, the influence of facebook over human life is growing day by day. “Facebook was founded in 2004 by a former-Harvard student Mark Zuckerberg”. He has also pointed out that “facebook and its idea spread across the college campus within months from launching and at present it is the second largest social networking site, second only to my space as far as traffic is concerned”. The founding of facebook has raised some controversies about the ownership of the idea of facebook. Mark Zuckerberg was accused of stealing the idea of his college roommates and fellow computer science students. Anyway, it is a fact that in early 2003 itself, the idea of creating a social network was in the mind of Zuckerberg. In fact he has started another social network Buddy Zoo in 2003 itself with the help of some of his close friends. In January 2004, Zuckerberg started writing the source codes of facebook and on February 4, he launched Thefacebook. In 2005, the name Thefacebook has been changed to Facebook. Controversies regarding the founding of facebook Former Harvard classmates Cameron Winklevoss and Tyler Winklevoss claim that Zuckerberg stole their idea for a social networking site whilst he was employed by them to assist with the sites development, the site in question being They filed a lawsuit as early as 2004 but the case was dismissed in March 2007, although it was quickly re-filed in Boston, eventually Facebook settled the case for $65m (Ryankette, 2011). Still there are many stories spreading about the stealing of this idea by Zuckerberg. “After Facebook announced the settlement, but before the settlement was finalized, lawyers for the Winklevosses suggested that the hard drive from Mark Zuckerberg's computer at Harvard might contain evidence of Mark's fraud”(Carlson, 2010). Critics label him as a cheat. It should be noted that besides Zuckerberg, there three co-founders for facebook; Dustin Moskovitz, Eduardo Saverin, and Chris Hughes. In short, the disputes about the ownership of the idea of facebook created lot of negative publicity to facebook. What made Facebook a success today? According to Shih (2009), “right this moment at least 150000000 people are interacting with friends and talking about the brands on facebook”(Shih, 2009, p.i). The success of facebook primarily lies in its ability to attract business people towards it. Business has realised the potentials of facebook quickly in conducting its marketing campaigns successfully. Facebook users normally share their ideas and opinions about the new products they might have purchased recently and this type of publicity is even better than word of mouth publicity for business people. So they have shown increased interests in posting marketing ads in facebook which helped facebook to grow considerably. Marketers can make use of targeted ads to reach specific segments of customers using facebook and that also with a minimal spending for advertising. Facebook ads are more effective and cheaper than other ...Show more


The growth of facebook since its introduction was phenomenal. When it was introduced, many people perceived it just as another communication channel or social network rather than anything else…
Author : legroswava
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Facebook is currently the top ranked social networking site that has surpassed strong competitors in the market due to its innovative features and options. The concept that initiated from the dorms of Harvard University by a student, has managed to attract more than 600 million users in the past 7 years.
15 pages (3750 words) Essay
Facebook Phenomenon
Social networking sites are a kind of practical community whose popularity has developed enormously during the last few years. From the time when they were introduced, social networking sites have caught the attention of millions of people and many users have incorporated them into their day-to-day activities.
9 pages (2250 words) Essay
To join Facebook, users must first register, after which they can then create a personal profile that shares personal information, add other users as friends, post photos and videos, message and chat with other users, play games, use apps, and join countless groups, causes, and networks.
3 pages (750 words) Essay
Facebook & Myspace
This paper explores the similarities and differences between these two websites and analyzes their implications on different domains. MySpace was launched in 2003 and is one year older than FaceBook therefore it has an edge over FaceBook of being
2 pages (500 words) Essay
This business will be an online book retailer shop that will facilitate the people to buy and search books online. The main inspiration of this system development has emerged from the “FaceBook”. This new web based
2 pages (500 words) Essay
me a part of the advertising activities of both big and small businesses and proves true to its claim that its pages ‘give business the opportunity to build a consumer base, sell products, run  promotions, schedule appointments or reservations, share information,
2 pages (500 words) Essay
Social networks operate by providing a wide range of selected ways to their users which make it easier to communicate, share different files, and create different groups with different interests, which are features
5 pages (1250 words) Essay
Experts argue that effective communication can be achieved among users of social networking sites such as Facebook. The social media sites enhance the connection with the targeted
5 pages (1250 words) Essay
The Facebook platform needs that an individual creates an account that is signing up and creating a profile that will identify him or her. Friends and family use this to interact despite distance that may be an impediment when it
2 pages (500 words) Essay
It later on expanded to outside of the campus and it was on the high road to success from then onwards, a success it has maintained to date despite the competitions threatening to supersede it (Kirkpatrick, 2011). The steady but rapid growth of Facebook has
3 pages (750 words) Essay
Comments (0)
Click to create a comment
Let us find you another Essay on topic Facebook for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
Join us:
Contact Us