Posted by: coffeefiend84 | December 14, 2010

60 Minutes: Facebook

Last night I watched 60 Minutes with the creator of Facebook, Mark Zuckerberg. It was really interesting to see what he thought about the privacy settings that his website offers and the newest editions him and his team have made to increase the social networking experience for Facebook users. I never even realized that Facebook might be in competition with Google for being the top website on the internet. But in my experience with Facebook, I use Facebook as a social networking tool not a resource for factual information. To find information on anything I use Google and I don’t see myself turning to Facebook when I am researching for a paper for information. But that is just me and many other people may have different thoughts on the matter.

Here is the link to the 60 Minutes feature on Facebook – check it out and see what you think about it.


  1. The CNBC Special “Facebook Obsession” is extremely fascinating tale of how the company came to be and is now permeating into almost every facet of our lives. Eventually, this could create some business and political issues due to the sheer wealth of information about people’s lives that Facebook possesses. The site has been used in criminal investigations, job searches, school discipline cases, pretty much anything you can think it might help. It is interesting to learn how Mark Zuckerberg and his friends really seemed to know that they were on to something huge as they began to get deeper and deeper into the development of the site. It was not just a “Look What I Found!” sort of business, but rather they were so cautious and careful in everything they did and how it was executed because they truly believed they had the ability to change the world. And that is exactly what Zuckerberg and his co-founders have done. It is also interesting to hear about the other group of Harvard students who claimed their idea was stolen and ended up suing Zuckerberg. The group settled outside of court for a not too shabby price of $65 million. No matter how you look at it, the Facebook story, going all the way back to its dorm room roots, is very inspirational. Now I cannot wait to go see The Social Network and get the Hollywood version of the same story.

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