The Facemash site was quickly forwarded to several campus group list-servers, but was shut down a few days later by the Harvard administration.

After registering to use the site, users can create a user profile indicating their name, occupation, schools attended and so on.

Users can add other users as "friends", exchange messages, post status updates and digital photos, share digital videos and links, use various software applications ("apps"), and receive notifications when others update their profiles or make posts.

It was believed that adjustments to earnings estimates were communicated to the underwriters by a Facebook financial officer, who used the information to cash out on their positions while leaving the general public with overpriced shares.

On April 3, 2013, Facebook unveiled Facebook Home, a user-interface layer for Android devices offering greater integration with the site.

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.

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.

Eduardo Saverin (business aspects), Dustin Moskovitz (programmer), Andrew Mc Collum (graphic artist), and Chris Hughes joined Zuckerberg to help promote the website.