In the world of social networking, two names stand out from the crowd. The first is MySpace and the second is its big rival Facebook. Both are growing websites that have millions of users logging on each and every day, although for some adults, Facebook and MySpace are virtual unknowns. They may hear about it on the news but they have never used either one of these social networking sites. As far as networking news is concerned, www facebook com and its rival MySpace are headliners that make the news in some way daily.

Networking news was buzzing in February of 2004 when the domain site www facebook com opened up for business. It started off small but already had business experts conjecturing about whether or not there was real money to be made in this dot com social networking site. Would it make money or would it fail, as so many other dot com ventures had failed.

The Facebook website was created by Mark Zuckerberg as a way to provide Harvard students the ability to network with each other. It soon spread from Harvard to other Ivy League schools as it gained in popularity. On September 26, 2006 it became available to the world. With a Facebook login, which is only attainable if you are over thirteen and have an email address, you can create your own personal profile and connect with others. It was an instant success with younger generations.

The Facebook website allows people to find friends, upload photos and post comments for other friends. The website is free for use but it does gather money through its advertising services through the use of banner ads. Here is where the problem is arising. Many business experts are forecasting that not enough revenue will be generated through services purchased, via the banner ads, to keep supporting the growing network.

More On: The Potential Monetary Issues of www facebook com

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