Facebook

above are the key drivers of financial value for Facebook. Facebook may be free to use, but its revenue has more or less doubled every year since 2007, and the founder is now a billionaire. The key question then is: how does Facebook make money? Facebook makes most, but not all, of their money from one source: advertising. Facebook advertisements brought in $300 million in revenue in 2008, $500 million in 2009, and about $800 million in 2010. Facebook offers two types of advertisements:…

Caulkins 1 Facebook is used for communication with others using social media whether it’s work, school, events, or emergency related, it’s resourceful to the people on the site. People often wonder how private their post or message can be. Facebook has safety features such as selecting who can see the post, block people who someone may not want to see any of their posts, and one can make their account private so only their friends can see what they have posted. Facebook has these features to…

kinds of issues have emerged, such as health and psychological effects, interpersonal communication problems or privacy concerns. Facebook, as the fastest growing platform, has the most significant influence on users and therefore, becomes the core interest of researchers who have been looking at Facebook as a useful…

facebook’s CEO Mark Zuckerberg vowed to donate 99% of his facebook shares for charity, the eyes of the world focused again on this young and successful entrepreneur. On February 4, 2004 in a normal college domitory, Harvard College’s sophomore Mark and his roomates launched the website of Facebook, which started a new era of social media and in some sense transformed people’s way of life. With more than 10 years of development, Facebook has become not only a platform for people to…

utility for networking and social activities. They promote openness which eases communication, however, users are often unaware that sharing their personal information can cause threats to privacy. Facebook is a leading social networking site with over one and a half billion of monthly active users (Facebook Newsroom, 2015). It was primarily created for college students, however, now it is becoming more diverse in terms of age, background and technical skills (Brandtzæg and Heim, 2009). In fact,…

I have been using Facebook ever since I was in the eighth grade, but it hasn’t been until this year, when I joined college, that I realized just how beneficial Facebook is to me. Facebook started off as an easy communication device for me when I was in middle school. My friends and I all had simple phones that lacked any ability to send “cool” emoji’s or stickers along with messages. For this reason, Facebook became a huge hit to teenagers like myself a few years back. But as I continue to grow,…

History Facebook is a well-known social media platform that has worked its way into our daily lives as a source of keeping in contact with our friends, family, co-workers, and even enemies. Although it is important to point out, Facebook has not always been what it is today. The company started in 2004 and was merely a questionable social platform which Niels Brügger (2015) described as “unknown territory.” (1. Introduction). Eventually people started to switch from MySpace to Facebook as their…

Facebook is considered a toxic website. It has dehumanized us as a whole. We know were people are every second of the day with there status and location updates. We say what we want without thinking about it, and having a filter is not something you see on Facebook. We care more about what others think and always try to put our best selves on the website. We always try to out do our friends and make our lives seem the best. This is what many people think about Facebook. The truth is, Facebook…

we have In a world where we have over 200 social network sites, it 's hard to choose your favorite. You have Facebook, Intagram, Vine, Musicaly , Twitter, Trublr, etc. However, the question is; which social site is the best for young adults? The answer to that for me would be between Facebook and Instagram .They’re similar but they also have their differences . Let me explain Facebook was founded February 4, 2004, by former college student Mark Zuckerberg. The social site was once a site…

Introduction The term social media as used in popular culture and literature can be at times confusing. For example, there are those who think that social media refers to Facebook, twitter, or MySpace. However, although such assumptions are not quite far from the truth, the exact definition of social media according to Mathews (n.d) is as follows; “any medium of communication that allows interaction.” Another definition is afforded by Waters & Lester (2010), who describe social media as “a…