Investing News Computer Software Web Tips Guide
Investing News And Stories About Facebook
By Christine Wales
Mark Zuckerberg had a great idea back in February of 2004 when
he launched www.thefacebook.com.
Originally, the website was restricted to Harvard students only
but on September 26, 2006 it became available to anyone, anywhere.
The name changed as well. No longer was it called The Facebook,
but instead it changed to Facebook.com.
But there is more to this site than just being able to find friends
and share stories. It is a moneymaking venture that has had its
fair share of up and downs. Investing news is continuously being
reported to the media as to where Facebook stands in the fiscal
world.
Facebook Makes Money With Advertising
One of the first investing news stories to hit the papers was
when Peter Thiel, co-founder of PayPal, invested $500,000 in the
fledgling company. His initial investment into Facebook led to
business experts projecting that Facebook would be in the top
10 business acquisitions within years. That projection turned
out to be false even though there were reports of Facebook in
merger talks with other huge companies.
Facebook makes its money, which allows it to remain a free website,
through the use of advertising services. Each time a person clicks
on one of the banner ads and makes a purchase, the company receives
a portion of the profits.
Merger Talks With Big Companies
But there is a problem with that. With revenue dependent upon
you clicking a banner ad, it can begin to suffer if people do
not buy through their advertising services. This is most likely
why Facebook had a $3.63 million dollar net loss in 2005. It was
spending more to host the website and provide services than it
was bringing in.
Enter in the merger and acquisition talks with giants Yahoo,
Google and other companies. These huge companies tried to enter
into negotiations with Facebook and a bidding war was even started
at one time.
Facebook Is Not For Sale
Zuckerberg issued a statement in 2007 that essentially said that
Facebook would not be sold to someone else. Was this the right
thing to do? If you compare Facebook's membership to MySpace's
membership, then you are left with the impression that it is no
where near as successful. MySpace has more than double the members
and is still a growing entity.
Daily advertising will be the true success and is the only investing
news that the company needs to hear. Will it eventually have to
close its free membership due to sagging losses in revenue?
The media facts point towards this as costs for running Facebook
continue to rise but the advertising sales do not. But do not
let that stop you from making a review of your options and joining
the website. For now it is running in the black and is still a
great social networking website.
About the Author:
Christine Wales has written a number of articles on Social Networking,
Computers, Software, Web Design and Online Shopping including
Facebook Proxy,
Social Media,
Advertising Online,
Online Shopping,
Website Design.
Keep a lookout for more of her articles on this website.
Give Me Just The Social Media Facts.....
How do I create an account with Facebook?
Creating your account/profile is amazingly
easy. First, go to www.facebook.com.
The initial page will show you were to type in your email address,
password, sex, and date of birth.
After you have filled in this information
you will have to fill out a CAPTCHCA form. This is essentially
a form that makes sure that you are not an automated program creating
profiles. Facebook will then send
you a confirmation email and you will have to click on the link
inside the message.
After that it is a matter of filling in
friend's email addresses, your school or company information and
begin writing things about your life. You
can post notes, add pictures and even join groups that suit your
needs. If you are not sure what to put in your profile…surf around
for a bit.
It might help if you take a look at other
people's profiles and then try creating your own unique profile.
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