History of Facebook investigate whether banks underwriting Facebook had improperly shared information only with select clients, rather than the general public. Massachusetts Secretary of State William Galvin subpeonaed Morgan Stanley over the same issue. The allegations sparked "fury" among some investors and led to the immediate filing of several lawsuits, one of them a class action suit claiming more than $2.5 billion in losses due to the IPO. Bloomberg estimated that retail investors may have lost approximately $630 million on Facebook stock since its debut. History of Facebook Facebook is a social networking service launched on February 4, 2004. It was founded by
Social learning tools provides opportunities for students to share what they wrote with their peers and with their caretakers. The blogs could also be a form of electronic portfolios that could show what the students created during the school year. Blogger has settings in which only people with permission can see or write on the blogs themselves. Facebook is an online communication tool that allows individuals to interact with each other within a virtual community. It has become the most popular social networking site since its beginnings in 2004. Facebook was co-founded in 2004 by Mark Zuckerberg with his roommates and colleagues from