Facebook Is The World s Second Largest Social Networking...

1.0 Introduction In February 2004, Facebook was founded by Mark Zuckerberg and his college roommates while they studied at Harvard University. It is the world’s second largest social networking site and was originally known as â€Å"The Facebook† which was changed a couple of years later to facebook.com, which it is known as from today (2014). The site remains free to join and makes its profits through advertising revenue. (Phillips, S.2007) Facebook has adapted greatly over the last 10 years, it has gone from a communication tool for social purposes, to a way of being able to create and host events, have group meetings through private pages, connect with people all over the world, to being able advertise and market a business. This report will reference the work of well cited authors and use their work to create detailed reasons to balance out the topic of this report. A number of different styles of articles will be critically examined in order to give an overall view of the report through a difference of opinions. This ensures that there will not be an imbalance on the sources that have been used for the purpose of this report. The main output of this research proposal would be of interest to companies who are looking to start up a business through Facebook, some advertising companies may also want to know if more people use social media as a form of advertisement as this is a form of competition for them. 2.0 Research Aims/Objectives 2.1 Research Aim The aim ofShow MoreRelatedSocial Media Trends That Rock The Internet1117 Words   |  5 PagesFIVE SOCIAL MEDIA TRENDS THAT ROCK THE INTERNET WE can clearly observe the substantive share of social media on internet from the data above. 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