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The Facebook name comes from the face book directories often given to United States university students.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.Facebook has more than 2 billion monthly active users as of June 2017.Its popularity has led to prominent media coverage for the company, including significant scrutiny over privacy and the psychological effects it has on users.Zuckerberg told the Crimson that "Everyone’s been talking a lot about a universal face book within Harvard.

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Researchers in the study, lead-authored by Jeff Temple of the University of Texas Medical Branch, asked 758 young adults how often they were physically punished with spankings, slappings or beatings involving objects.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 ...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 After registering to use the site, users can create a customized profile indicating their name, occupation, schools attended and so on.Users can add other users as "friends", exchange messages, post status updates, share photos, videos and links, use various software applications ("apps"), and receive notifications of activity.

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