Facebook Turns Ten

The biggest name in social networking, Facebook, celebrates 10 years of existence this week, having grown from a private college site to a worldwide platform with 1.23 billion users.

 

This marks a major milestone for the social network that currently boasts more than one and a half billion monthly users.

During the decade, Facebook gathered users from all parts of the globe who wanted to stay in touch with their friends plus leave messages and show their photographs online.

This social network was started by Zuckerberg while he was at Harvard University. With his business prowess and hard work, he turned it into a multi billion dollar company. Recently, Facebook reported record income of $2.5 billion dollars (£1.5 billion pounds) from 750 million daily users. Some negative analysts suggest the future is uncertain for Facebook as there could be in danger of being overtaken by other online networks.

Some people have even suggested that Facebook could lose as much as 80% of its users by 2017. But then, many said that it would collapse after the initial placing on the Nasdaq Stock Exchange when shares started to drop over the first few months or so.

There was the usual panic after a bit of bad press but then things got better, much better. Seems there are many out there that underestimated Mark Zuckerberg’s business acumen.

When it first started, it was mainly about young people keeping in touch with each other but over the years, the business world realised what an incredible marketing tool it was. After the penny dropped, that’s when things started to explode into the big money.

Now that parents have taken to using Facebook, their kids decided it wasn’t cool any more and moved on to what they believe is cooler. It is believed that when the parents of these kids sent them a friend request, dread set in and they went elsewhere which left the social network looking more acceptable to business.

We salute Mark Zuckerberg and his creation and we’re sure there will more detractors having their say but we also know this is here to stay. He is a visionary and a genius and we delight in making our own Facebook page available to you.

Many of you will know how much fun we have on our Facebook page, especially when we have our Quiz Days where the best comments win FREE lottery vouchers! In celebrartion of Facebook's 10th birthday, we are currently running one of these extemely popular voucher give-aways right now. Come join the fun!

Happy Birthday Facebook and here's to many more wonderful years!

Remember, you can earn lotto points for commenting on our news items!

 



Comments

Posted by Balasubramaniam (7/02/2014)

WISH YOU HAPPY 10TH BIRTHDAY FACEBOOK.....


Posted by Vladimir (7/02/2014)

Bought a villa and invested money in Islamic banks without any interest at 2.5% on the Islam of the profits would go, or at the tax havens.


Posted by FWNcTgZf (11/02/2014)

Happy Bday To fb


Posted by Sreenivas (16/02/2014)

happy birthday FB :) keep rocking


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