Facebook

Facebook is a social networking service launched on February 4, 2004. It was founded by Mark Zuckerberg with his college roommates and fellow Harvard University student Eduardo The website's membership was initially limited by the founders to Harvard students, but was expanded to other colleges in the Boston area, the Ivy and gradually most universities in Canada and the United States  corporations, and by September 2006, to everyone of age 13 and older with a valid email address.

On October 1, 2005, Facebook expanded to twenty-one universities in the United Kingdom and others around the world.

In 2010, Facebook began to invite users to become beta testers after passing a question-and-answer-based selection process.

On March 12, 2012, Yahoo! filed suit in a U.S. federal court against Facebook weeks before the scheduled Facebook initial public offering.

After Facebook announced the settlement, but before the settlement was finalized, lawyers for the Winklevosses suggested that the hard drive from Mark Zuckerberg's computer at Harvard might contain evidence of Mark's fraud. Specifically, they suggested that the hard drive included some damning instant messages and emails.

Bloomberg estimated that retail investors may have lost approximately $630 million on Facebook stock since