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Early Life and Education. Success Story. Current Influence. Cambridge Analytica and Trump Ban. Facebook, along with Instagram which it owns , and rival Twitter, are three of the most influential social networking sites in the world. After much speculation, Facebook banned former President Donald Trump indefinitely from its network in January , in response to the capital riots.
In May , Facebook's oversight board determined Facebook was right to ban Trump, but wrong to make the ban indefinite, rather than a set amount of time. Article Sources. Investopedia requires writers to use primary sources to support their work. Zuckerberg also explained, yet again, that the underlying purpose of sharing personal information on Facebook is supposed to be connecting people.
Like this story? Skip Navigation. Jennifer Liu. Facebook was created in February , three months prior to this photograph. Several companies—including AOL and Microsoft—expressed an interest in buying the software, and hiring the teenager before graduation. He declined the offers. After graduating from Exeter in , Zuckerberg enrolled at Harvard University. After his sophomore year, Zuckerberg dropped out of college to devote himself to his new company, Facebook, full time.
By his sophomore year at the Ivy League institution, he had developed a reputation as the go-to software developer on campus. It was at that time that he built a program called CourseMatch, which helped students choose their classes based on the course selections of other users. He also invented Facemash, which compared the pictures of two students on campus and allowed users to vote on which one was more attractive.
The program became wildly popular, but was later shut down by the school administration after it was deemed inappropriate. Based on the buzz of his previous projects, three of his fellow students—Divya Narendra, and twins Cameron and Tyler Winklevoss—sought him out to work on an idea for a social networking site they called Harvard Connection.
This site was designed to use information from Harvard's student networks in order to create a dating site for the Harvard elite. Zuckerberg agreed to help with the project, but soon dropped out to work on his own social networking site, The Facebook. Zuckerberg and his friends Dustin Moskovitz, Chris Hughes and Eduardo Saverin created The Facebook, a site that allowed users to create their own profiles, upload photos, and communicate with other users.
The group ran the site out of a dorm room at Harvard University until June That year Zuckerberg dropped out of college and moved the company to Palo Alto, California.
By the end of , Facebook had 1 million users. In , Zuckerberg's enterprise received a huge boost from the venture capital firm Accel Partners. Zuckerberg's company then granted access to other colleges, high school and international schools, pushing the site's membership to more than 5.
The site began attracting the interest of other companies that wanted to advertise with the popular social hub. Not wanting to sell out, Zuckerberg turned down offers from companies such as Yahoo! Instead, he focused on expanding the site, opening up his project to outside developers and adding more features.
Zuckerberg seemed to be going nowhere but up. However, in , the business mogul faced his first big hurdle: the creators of Harvard Connection claimed that Zuckerberg stole their idea, and insisted the software developer needed to pay for their business losses.
Zuckerberg maintained that the ideas were based on two very different types of social networks. After lawyers searched Zuckerberg's records, incriminating instant messages revealed that Zuckerberg may have intentionally stolen the intellectual property of Harvard Connection and offered Facebook users' private information to his friends. Zuckerberg later apologized for the incriminating messages, saying he regretted them.
The critically acclaimed film received eight Academy Award nominations. Mezrich was heavily criticized for his re-telling of Zuckerberg's story, which used invented scenes, re-imagined dialogue and fictional characters.
Zuckerberg objected strongly to the film's narrative, and later told a reporter at The New Yorker that many of the details in the film were inaccurate. For example, Zuckerberg had been dating his longtime girlfriend since He also said he was never interested in joining any of the final clubs.
Yet Zuckerberg and Facebook continued to succeed, in spite of the criticism.
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