Information Systems PT

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Al-jafar B.

Macauna
SOFTWARE PACKAGE EVALUATION

Facebook Review

Facebook, is an American
online social network service that
is part of the company Meta
Platforms. Facebook was founded
in 2004 by Mark Zuckerberg,
Eduardo Saverin, Dustin
Moskovitz, and Chris Hughes, all of
whom were students at Harvard
University. Facebook became the
largest social network in the world,
with nearly three billion users as of
2021, and about half that number
were using Facebook every day.
The company’s headquarters are
in Menlo Park, California.

Importance of Facebook

Facebook's more than one billion users make it a cultural, economic and
social phenomenon. The importance of the online social media site to
journalism, business, communication and social relationships is hard to
overstate, with users across the world devoting countless hours to the site
and Facebook becoming an increasingly important way of obtaining
information not only about friends and family but also about world events.
Whether it's good or bad is debatable, but the site's impact is
unquestionable.
Business

Facebook's $100 billion initial public offering on Wall Street makes


the site an important economic actor in itself. Beyond the
company's own value, however, Facebook also has an entire
interface designed for businesses, complete with business profile
pages and an advertising system that allows marketers to target
their ads based on the wealth of information users provide about
themselves on the site. This interface not only generates revenue
for the company but also creates a rare opportunity for small
businesses with limited advertising budgets and a need to reach
specific audiences.

Facebook Future Plans


Starting today, the Facebook app will move under a new company
name: Meta. Moving forward, the company will be “metaverse first,”
CEO Mark Zuckerberg said today, which means that over time, you
won't need to use a Facebook account to access other products under
the Meta umbrella.

Facebook: Feautures
Facebook has quite a lot of features but its main features are the
Newsfeed where the user see contents from his Facebook friends
and pages he follows; Messenger for messaging; Timeline where it
shows the user’s information and content posted or shared; the
Wall, a space for the user’s content; and Events where user can see
events related to him or his Facebook friends like birthdays or
social gatherings.
Final Verdict
Facebook is a worldwide known software where It helped
people in so many ways. Its role has evolved from a
network for friends to share personal information to a way
for people to share, recommend and link together all kinds
of information, including news. If searching for news was
the most important development of the last decade, sharing
news may be among the most important of the next

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