Facebook’s CEO and founder Mark Zuckerberg annouces that the social network he started in 2004 has now reached 350 million users.
Zuckerberg also said that Facebook will be removing their regional networks. Facebook’s current privacy model revolves around networks which works well for smaller groups of people. However, some of the regional networks, like India and China have now millions of members and this is no longer the best way to control the privacy issues of users. About 50 percent of all Facebook users belong to some regional network. Facebook will be adding features that many users have already asked for; for instance the ability to control who sees the content you create or upload. In addition, the privacy settings page will be made simpler by combining some settings. This is actually a very good upgrade as their privacy settings are quite a mess. So the next Facebook update will remove the current regional networks and create some new privacy features. In the next couple of weeks Facebook will ask users to review and update their privacy settings. Facebook will suggest settings for users based on their current level of privacy, but the best way to do this is to customise them yourself.
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Facebook was launched five years ago on February 4th in 2004. Its founder, Mark Zuckerberg launched the Facebook as an experimental social network exclusively for Harvard University students. It was a huge hit right from the beginning. The current board members are Mark Zuckerberg, Marc Andreessen, Jim Breyer, Don Graham and Peter Thiel, David Sze (observer) and Paul Mader (observer). Facebook’s headquarters are in Palo Alto, California and they have offices in Atlanta, Chicago, Dallas, Detroit, New York, Venice Beach, Dublin, London, Paris, Sydney and Toronto.