Facebook is a social website that allows friends & family to connect in a seemingly fun and easy website interface. Facebook allows users to connect with their favorite celebrities, TV shows, or even products! Users can also enjoy a wide variety of games within the Facebook interface.
Facebook is a website used by hundreds of millions of people all over the world to socialize, communicate with friends, family, acquaintances, and meet people that share similar interests.
Facebook.com (originally called 'The Facebook') was created by Mark Zuckerberg and several of his college friends at Harvard University. It was first intended for Harvard students to network with other students at the school, but grew in complexity and vision quickly. It slowly increased in size, at first adding students at other specific colleges, then all colleges. In September 2005, Facebook became open to any high school student, and now is available to anyone over the age of 13. In 2008, Facebook opened an international headquarters in Ireland. It is now one of the most used websites in the world, operating in dozens of countries and languages. To date, Facebook has over 500 million active users, 50% of which log on every day, and who spend over 700 billion minutes per month on Facebook.
Following Facebook's massive success was a string of lawsuits by Zuckerberg's former colleagues. The most famous of these was the one filed by Tyler and Cameron Winklevoss regarding their 'ConnectU' website. Known as the ''Winklevoss Twins,'' the two settled for $20 million in cash and $45 million in private stock (which is now estimated at over $100 million). In 2011, the twins attempted to appeal the original decision because they believed Facebook was worth more than originally valued. That appeal was denied so the twins then gave up on further legal action.