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Additionally, users can complain about or block unpleasant people.Facebook has more than 2 billion monthly active users as of June 2017.
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".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.Its popularity has led to prominent media coverage for the company, including significant scrutiny over privacy and the psychological effects it has on users.In recent years, the company has faced intense pressure over the amount of fake news, hate speech and violence prevalent on its services, all of which it is attempting to counteract.The founders had initially limited the website's membership to Harvard students; however, later they expanded it to higher education institutions in the Boston area, the Ivy League schools, and Stanford University.
Facebook gradually added support for students at various other universities, and eventually to high school students as well.
[...] 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.
On October 24, 2007, Microsoft announced that it had purchased a 1.6% share of Facebook for $240 million, giving Facebook a total implied value of around $15 billion.