Twitter vs Facebook

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Vs

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A study by:

Ananya Gambhir
Onaiza Drabu
Disha Sharma
Pavleen Kaur
Palakshee Chakraborty

Acknowledgement

We would like to extend a heartfelt note of thanks to our teacher, Ms. Jyoti Sikka,
for helping us understand every aspect of the project assigned to us. We would also like to thank her for guiding us in the right direction And helping us realise our ideas.

At the same time, we would also like to thank

Our seniors who helped us understand precisely what was required of us and where we had to go.

Last, but most definitely not the least,
we would like to thank our friends
For without their excellent cooperation and support
This project could never have been a success.

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Facebook is a social networking website that is operated and privately owned by Facebook, Inc. Since September 2006, anyone over the age of 13 with a valid e-mail address (and not residing in one of the countries where it is banned) can become a Facebook user. Users can add friends and send them messages, and update their personal profiles to notify friends about themselves. Additionally, users can join networks organized by city, workplace, and school or college. The website's name stems from the colloquial name of books given at the start of the academic year by university administrations in the US with the intention of helping students to get to know each other better.

Mark Zuckerberg founded Facebook with his college roommates and fellow computer science students Eduardo Saverin, Dustin Moskovitz and Chris Hughes while he was a student at Harvard University. The website's membership was initially limited by the founders to Harvard students, but was expanded to other colleges in the Boston area, the Ivy League, and Stanford University. It later expanded further to include (potentially) any university student, then high school students, and, finally, to anyone aged 13 and over. The website currently has more than 400 million active users worldwide.

The original concept for Facebook was borrowed from a product produced by Zuckerberg's prep school Phillips Exeter Academy which for decades published and distributed a printed manual of all students and faculty, unofficially called the "face book".

Facebook has met with some controversy. It has been blocked intermittently in several countries including Syria, China, Vietnam, and Iran. It has also been banned at many places of work to discourage employees from wasting time using the service.

Privacy has also been an issue, and it has been compromised several times. Facebook settled a lawsuit regarding claims over source code and intellectual property. The site has also been involved in controversy over the sale of fans and friends.

A January 2009 Compete.com study ranked Facebook as the most used social network by worldwide monthly active users, followed by MySpace. Entertainment Weekly put it on its end-of-the-decade 'best-of' list, saying, "How on earth did we stalk our exes, remember our co-workers' birthdays, bug our friends, and play a rousing game of Scrabulous before Facebook?"

There have recently been reports of Facebook proposing an initial public offering (IPO), i.e. issue equity shares as stock to investors. However, Zuckerberg stresses that it will not be for a few more years, and the company is in no need of additional capital. Also, some analysts fear the Facebook IPO might be a particularly weak one.

History

History

Facemash

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Mark Zuckerberg invented Facemash on October 28, 2003 while attending Harvard as a sophomore. The site represented a Harvard University version of Hot or Not, according to the Harvard Crimson. That night, Zuckerberg was blogging about a girl who had dumped him and trying to think of something to do to get her off his mind:

I'm a little intoxicated, not gonna lie. So what if it's not even 10 p.m. and it's a Tuesday night? What? The Kirkland [dorm] facebook is open on...
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