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 login as a means of authentication over more traditional online registration methods. Additional benefits: Utilizing social login through platforms such as Facebook may unintentionally render third-party websites useless within certain libraries, schools, or workplaces which block social networking services for productivity reasons. It can also cause difficulties in countries with active censorship regimes, such as China and its "Golden Shield Project," where the third party website may not be actively censored, but is effectively blocked if a user's social login is blocked. There are several other risks that come with using social login tools. These logins are also a new frontier