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In late 2007, Facebook had 100,000 business pages (pages which allowed companies to promote themselves and attract customers).These started as group pages, but a new concept called company pages was planned.The company had slightly surpassed e Bay to become the third largest American web company after Google and In March 2011, it was reported that Facebook was removing approximately 20,000 profiles every day for violations such as spam, graphic content, and underage use, as part of its efforts to boost cyber security. Finance website reported that Facebook's lead underwriters, Morgan Stanley (MS), JP Morgan (JPM), and Goldman Sachs (GS), cut their earnings forecasts for the company in the middle of the IPO process.The Facemash site was quickly forwarded to several campus group list-servers, but was shut down a few days later by the Harvard administration.
" and according to its data, half of the site's membership used Facebook daily, for an average of 34 minutes, while 150 million users accessed the site by mobile.[...] I think it’s kind of silly that it would take the University a couple of years to get around to it.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 ...He uploaded all art images to a website, each of which was featured with a corresponding comments section, then shared the site with his classmates, and people started sharing notes.Zuckerberg told the Crimson that "Everyone’s been talking a lot about a universal face book within Harvard.
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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