FACEBOOK!

Facebook has reached the 500 million mark. A website that started as a college project has jogged its way into serious business. The sudden rise has been miraculous to say the least. An idea about creating a social networking website with proper marketing strategies requires astute planning. Seven new members are added every second thereby leading to a rush. In the last six months alone facebook has added more than 100 million users worldwide.
But, ownership and privacy issues have plagued the site time and again. Mark Zuckerberg, the current owner, was legally challenged by a businessman Paul Ceglia. Ceglia is reported to have claimed 84 percent of stake. The case still stands till today. Even infringement of privacy issues have been in the news for over a period of time. The idea about facebook being a safe site is a little difficult to swallow.
But light shines bright in the case of its growing popularity. The craze just doesn’t seem to die down. In Iran, where foreign reporters are not allowed, facebook does the job. In india, people chat on it even if the other person is just on the next house. And now, half the time, one does not log in to connect with people but to play Farmville. The rationale behind making this website was to help people communicate. And, this is exactly what facebook is doing.