Facebook Essay Example | Topics and Well Written Essays - 750 words - 4

Facebook - Essay Example all in all these will be discussed in detail below.After expanding from Harvard, it moved to the former(a) Ivy League universities earlier receiving an investment from PayPal to expand its base in California. They gain ground received investments from partners and individual entrepreneurs to expand and spread further than the US. Its growth attracted companies to start advertising in it, promoting themselves and ultimately attracting customers and this became the main source of revenue for facebook. Their registrations also change magnitude and include people from 13 years of age. It currently has over a billion registered users and over 700 one thousand thousand active users (Kirkpatrick, 2011).It grew faster because social media was a fairly new thing and provided better and faster slipway to communicate and share that other modes of communication. The fact that it fitted people of all age groups as well as reunited long lost friends was another reason for its expanded growth. Its growth was also facilitated by the fact that businesses got to press their products and services which meant that people could conduct businesses online and not even require directories to trace business premises. The continued digitalisation of the world as when as the world becoming a global village increased the blowup arena for facebook into other countries other than the US alone.All is not roses for facebook however. It has received its fair share of risk of infection factors the first one being censorship in several countries temporarily and some permanently. The worst of these touched areas include China and Egypt. This result in not only loss of its users but loss of revenues generated from the advertisements. The other risk factor is competition from other social media sites. The greatest competition comes from Google + which has been growing at a very fast rate and is currently at 500 million active users. There is