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Happy Birthday: Social networking giant Facebook turns eight

imageHOUSTON: Facebook, the world's most popular social networking site, has turned eight.

With an estimated 845 million active subscribers, the social networking giant still continues to grow, since its launch on February 4, 2004 and is most likely to have 1 billion users by August this year.

While, the company CEO Mark Zukerberg is best known as the man who built Facebook, the company has three other co-founders, all college roommates and fellow students of Harvard University; Eduardo Saverin, Dustin Moskovitz, and Chris Hughes.

The four initially built the service exclusively for Harvard students, but it was soon expanded to other colleges and eventually added support for students at various other universities.

Initially before it's public launch, it was called 'thefacebook.com'. However, on 4th February 2008, Zukerberg renamed the domain name and launched what we know today as 'Facebook'.

Facebook has not only put Mark Zukerberg in the list of top and youngest billionaires but also helped a lot of start ups, non profits and other companies grow, interact and increase sales.

In January 2009, Compete.com study ranked Facebook as the most used social networking service by worldwide monthly active users.

read full Article on EconomicTimes

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