7/5/2005

At more than 800 colleges and universities, 2.8 million registered users regularly log onto the social network Thefacebook to check up on childhood friends, find people in their classes and meet those with similar interests. Facebook's profit is mainly derived from advertising
-- both by corporations and by students who can purchase "announcements" viewable only by classmates.

Full Story:
MSNBC

Related Summaries