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In late 2007, Facebook had 100,000 business pages (pages which allowed companies to promote themselves and attract customers).

These started as group pages, but a new concept called company pages was planned.

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".

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 4 billion, a new record.

Zuckerberg faced expulsion and was charged by the administration with breach of security, violating copyrights, and violating individual privacy. Zuckerberg expanded on this initial project that semester by creating a social study tool ahead of an art history final exam.the benefits are many." Six days after the site launched, Harvard seniors Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra accused Zuckerberg of intentionally misleading them into believing that he would help them build a social network called Harvard They claimed that he was instead using their ideas to build a competing product.[...] 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 ...On October 24, 2007, Microsoft announced that it had purchased a 1.6% share of Facebook for 0 million, giving Facebook a total implied value of around billion.Microsoft's purchase included rights to place international advertisements on the social networking site.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.Additionally, users can complain about or block unpleasant people.Facebook has more than 2 billion monthly active users as of June 2017.

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