Mark Zuckerberg: Difference between revisions

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	{{Infobox Person
	\| name = Mark Zuckerberg
	\| image = Mark Zuckerberg CEO Facebook.jpg
	\| image_size = 200px
	\| caption = Mark Zuckerberg in Paris in 2008
	\| birth_name = Mark Elliot Zuckerberg
	\| birth_date = {{birth date and age\|mf=yes\|1984\|5\|14}}
	\| birth_place = ]
	\| occupation = Founder, CEO & President of ]
	\| networth = $100 Million+ <ref name="news.bbc.co.uk">{{cite web\|url=http://news.bbc.co.uk/2/hi/business/7937449.stm \|title=Business \| Youngest billionaires lose money \|publisher=BBC News \|date=2009-03-11 \|accessdate=2009-08-21}}</ref>
	\| spouse =
	\| parents =
	\| children =
	\| religion = ]<ref>{{cite web\|last=Vara \|first=Vauhini \|url=http://online.wsj.com/public/article/SB119621309736406034.html \|title=Too Much Information? - WSJ.com \|publisher=Online.wsj.com \|date=2007-11-28 \|accessdate=2009-08-21}}</ref>
	}}

	'''Mark Elliot Zuckerberg'''<ref>{{cite web\|url=http://www.nndb.com/people/367/000069160/ \|title=Mark Zuckerberg \|publisher=Nndb.com \|date=2004-02-04 \|accessdate=2009-08-21}}</ref> (born May 14, 1984) is an American computer programmer and entrepreneur. As a ] student, he created the online ] website ] with fellow ] major students and his roommates ] and ]. Facebook is a social networking site popular worldwide. Zuckerberg serves as Facebook's ].<ref>Reagan, Gillian (2009-03-10). (HTML). . The New York Observer, LLC. Retrieved on 2009-03-11</ref> He has been the subject of controversy for the origins of his business<ref name="autogenerated1"></ref> and his wealth.<ref>{{cite web\|last=Thomas \|first=Owen \|url=http://valleywag.com/5106128/facebooks-new-value-13-billion \|title=Facebook's new value: $1.3 billion? - Facebook - Gawker \|publisher=Valleywag.com \|date=2008-12-15 \|accessdate=2009-08-21}}</ref>

	] added Zuckerberg as one of ''The World's Most Influential People'' of 2008. He fell under the Scientists & Thinkers category for his web phenomenon, Facebook, and ranked 52 out of 101 people.{{Citation needed\|date=July 2009}}

	==Early life==
	Zuckerberg was raised in ], by his parents, Edward and Karen Zuckerberg both being Jewish. His father Edward is a ] in Dobbs Ferry, New York, and his mother is a physician. He started programming when he was in middle school. Early on, Zuckerberg enjoyed developing computer programs, especially communication tools and games. Before attending ] Mark went to school at ]. While attending Phillips Exeter Academy, he built a program to help the workers in his father's office communicate; he built a version of the game ] and a music player named Synapse that used ] to learn the user's listening habits. ] and ] tried to purchase Synapse and recruit Zuckerberg, but he decided to attend ] instead.<ref>{{cite web\|url=http://www.fastcompany.com/magazine/115/open_features-hacker-dropout-ceo.html?page=0%2C2\|title=Hacker. Dropout. CEO.}}</ref>

	==Facebook==
	] in 2008]]
	===Founding===
	Zuckerberg launched Facebook from his Harvard dorm room on February 4, 2004. The idea for Facebook came from his days at Phillips Exeter Academy which, like most colleges and prep schools, had a long-standing tradition of publishing an annual student directory with headshot photos of all students, faculty and staff known as the "Facebook". Once at college, Zuckerberg's Facebook started off as just a "Harvard-Thing", until Zuckerberg then decided to spread Facebook to other schools and enlisted the help of roommate ]. They first spread it to ], ], ], ] and ], and then to other schools with social contacts with Harvard.<ref>http://74.125.95.132/search?q=cache:zzmTgSIk5tYJ:daily.stanford.edu/article/2004/3/10/thefacebookcomsDarkerSide+site:daily.stanford.edu+thefacebook.com&hl=en&ct=clnk&cd=2&gl=ca&client=firefox-a</ref><ref>{{cite web\|url=http://www.tuftsdaily.com/2.5541/1.600318 \|title=Online network created by Harvard students flourishes \|publisher=Tufts Daily \|date= \|accessdate=2009-08-21}}</ref><ref>{{cite web\|url=http://media.www.dukechronicle.com/media/storage/paper884/news/2004/04/14/News/Thefacebook.com.Opens.To.Duke.Students-1469558.shtml \|title=Thefacebook.com opens to Duke students - News \|publisher=Media.www.dukechronicle.com \|date= \|accessdate=2009-08-21}}</ref> By the beginning of the summer, Zuckerberg and Moskovitz had released Facebook at almost forty-five schools and hundreds of thousands of people were using it.{{Citation needed\|date=March 2009}}

	===Moving to California===
	Zuckerberg moved to ], ], with Moskovitz and some friends. They leased a small house which served as their first office. Over the summer, Zuckerberg met ] who invested in the company. They got their first office during the summer of 2004. According to Zuckerberg, the group planned to return to Harvard in the fall but eventually decided to remain in California. To date, he has not returned as a student to college.

	===News Feed===
	On September 5, 2006, Facebook launched News Feed, a product to show what your friends were doing on the site. Zuckerberg was criticized as some saw News Feed as unnecessary and a tool for ].

	===Facebook Platform===
	On May 24, 2007, Zuckerberg announced a Facebook Platform, a development platform for programmers to create social applications within Facebook. This announcement sparked a great deal of interest in the developer community. Within weeks, many applications had been built and some already had millions of users. Today, there are more than 400,000 developers around the world building applications for Facebook Platform.

	On July 23, 2008, Zuckerberg announced Facebook Connect, a version of Facebook Platform for building social applications on other websites.

	===Facebook Beacon===
	On November 6, 2007, Zuckerberg announced a new social advertising system at an event in Los Angeles. A part of the new program, called Beacon, enabled people to share information with their Facebook friends based on their browsing activities on other sites. An ] seller, for instance, could let friends know automatically what they have for sale via the Facebook news feed as they list items.

	The program came under heavy privacy concerns from both privacy groups and individual users. Zuckerberg and Facebook failed to respond to the concerns quickly, and on December 5, 2007, Zuckerberg ultimately wrote a blog post on Facebook<ref></ref> taking responsibility for issues with Beacon and offering an easier way for users to opt out of the service.

	===ConnectU Controversy===
	Zuckerberg's Harvard classmates, Divya Narendra, Cameron Winklevoss, and Tyler Winklevoss, claimed that he stole their idea intended for their own site, ]. A lawsuit was filed in 2004 but was dismissed without prejudice on March 28, 2007. It was refiled soon thereafter in ] in ], and a preliminary hearing was scheduled for July 25, 2007.<ref></ref> At the hearing the judge told ConnectU parts of their complaint were not sufficiently pled and gave them the ability to refile an amended complaint. On June 25, 2008, the case was settled and Facebook agreed to pay a $65 million settlement.<ref>{{cite web\|author=Logged in as click here to log out \|url=http://www.guardian.co.uk/technology/2009/feb/12/facebook-mark-zuckerberg-ex-classmates \|title=Facebook paid up to $65m to founder Mark Zuckerberg's ex-classmates \| Technology \| guardian.co.uk \|publisher=Guardian \|date= \|accessdate=2009-08-21}}</ref>

	As part of the lawsuit, in November 2007, confidential court documents were posted on the website of Harvard alumni magazine '']''. They included Zuckerberg's social security number, his parents' home address and his girlfriend's address. Facebook filed to get the documents taken down, but the judge ruled in favor of ''02138''.<ref name="autogenerated1"/>

	===Forbes===
	In 2008, ] ranked Zuckerberg as the 321st richest person in the United States, with a net worth of $1.5 billion. He is the youngest person ever to appear on the Forbes 400.<ref></ref> In 2009 it was reported that Zuckerberg's fortune had dropped below $1 billion. <ref name="news.bbc.co.uk"/>

	===Microsoft investment in Facebook===
	On October 24, 2007, Facebook Inc. sold a 1.6% stake to ] Corp. for $240 million, spurning a competing offer from online search leader ] Inc. This would indicate that Facebook had a ] of $15 billion at the time of the sale.<ref></ref> However, most analysts believe the actual valuation of the company to be far less.{{Citation needed\|date=March 2009}} The $240 million paid by Microsoft include premiums for both preferred shares and global ad placements.{{Citation needed\|date=March 2009}}

	==Bibliography==
	* ], ''Happionaire's Cash The Crash''. CNBC - Network18. ISBN 9788190647953 - 2009

	==References==
	{{reflist}}

	==External links==
	{{commons cat\|Mark Zuckerberg}}
	* Rolling Stone
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	* Mark Zuckerberg speaks at Stanford University, October 2005
	{{Facebook}}

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	{{Lifetime\|1984\|\|Zuckerberg, Mark}}

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Revision as of 19:30, 4 September 2009

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