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The Facemash site was quickly forwarded to several campus group list-servers, but was shut down a few days later by the Harvard administration.

Zuckerberg wrote a program called "Facemash" in 2003 while attending Harvard University as a sophomore (second year student).

According to The Harvard Crimson, the site was comparable to Hot or Not and used "photos compiled from the online facebooks of nine Houses, placing two next to each other at a time and asking users to choose the “hotter” person".

[...] I think it’s kind of silly that it would take the University a couple of years to get around to it.

I can do it better than they can, and I can do it in a week." In January 2004, Zuckerberg began writing code for a new website, known as "The Facebook", with the inspiration coming from an editorial in the Crimson about Facemash, stating that "It is clear that the technology needed to create a centralized Website is readily available ...

It was believed that adjustments to earnings estimates were communicated to the underwriters by a Facebook financial officer, who used the information to cash out on their positions while leaving the general public with overpriced shares.

On April 3, 2013, Facebook unveiled Facebook Home, a user-interface layer for Android devices offering greater integration with the site.

Since 2006, anyone who claims to be at least 13 years old has been allowed to become a registered user of Facebook, though variations exist in the minimum age requirement, depending on applicable local laws.

The Facebook name comes from the face book directories often given to United States university students.

The company held its initial public offering (IPO) in February 2012, and began selling stock to the public three months later, reaching an original peak market capitalization of $104 billion, a new record.

Facebook makes most of its revenue from advertisements which appear onscreen.

The company had slightly surpassed e Bay to become the third largest American web company after Google and