History

2003- Creator of Facebook Mark Zuckerberg (what a name!) first attempt at something similar called Facemash (I prefer this .... Imagine "do you have facemash?") which consisted of photo's of people off of campus and comparing them to find who was "hotter". To accomplish this Zuckerberg broke many rules including hacking he was nearly expelled, the site was shut down.



2004- After an article written in Harvard's Crimson about the facemash incident Zuckerberg launched "The facebook" this launch was marked by scandal after three Harvard students claimed Zuckerberg promised them he would help create a social networking site and instead "stole" their idea's this matter was later taken to court and settled.

Dustin Moskivitz, Eduardo Saverin, Andrew McCollum and Chris Hughes Joined forces to help promote the site.



2005- It expanded then to all the major Ivy League schools, later moving the base of operations Palo Alto Calafornia after it Incorporated and dropped the "The" from the name and purchasing the domain name "facebook.com"

Membership was still restricted to Universities, some High school network as well as companies such as Apple INC and Microsoft.



2006- Facebook was opened to everyone over the age of 13 with an email address.



2007- Microsoft bought a 1.6% share in the company at the hefty price of $240 Million



Today Facebook has over 500 Million active users.