1. Executive summary: This report is about the impact that free information represent for economic activities. This subject is very important because it explains how social networks website effect the economy by increasing their own revenue, the revenue of the advertisement brands, and the number of employees. The major finding of these results on the huge number of people that are hire in these companies. 2. introduction: In the 21th century, the internet is very efficient. Most of people are using it for many purposes. It is a tool that globalize the information and make it reachable for users. It makes the world as a small city where everything can be discover by a simple click. Nowadays, it is possible to pay bills, transfer money, …show more content…
Also, the new economy result by improve the information and communications technology (ICT) which make (Suroweichi, 2002) The impact of internet and technology on the economy growth file:///C:/Users/Youssef%20Becheur/Downloads/MGI_Impact_of_Internet_on_economic_growth.pdf file:///C:/Users/Youssef%20Becheur/Downloads/Impact_of_Internet_technologies_search_final2%20(4).pdf 4. Internet intermediaries: It is positioned between two or more parties. It grows the economy, social, and political interaction between the 3 parties which can be the firm, the internet intermediaries and the costumers. The internet intermediaries have the role to distribute, host, and locate the news. It delivers an important grow of social and economic benefits which result from ‘’ information, e-commerce, communication, social networks, and so on. (ICCP, 2011) 4.1. The most internet intermediaries used: The bar chart shows the percentage of people who are using social network. The most popular internet intermediaries is Facebook by 80%. Following by twitter and YouTube which the percentage is approximately 66% and 55%. However, LinkedIn came on the fourth position by having a 49%, in 2009. WRITE MORE OR CHANGE IT. 5. The impact of Facebook on the economy: Facebook launched in 2004 by Marc Zuckerberg in Harvard University. It was created at first as a tool to communicate between students. In 2006, it expanded on the world. Facebook engages more than 1.35bn people who use it to
Shortly after Myspace, Facebook began in 2004. Mark Zuckerberg, a student and computer programmer at
Facebook is the biggest social media network on the internet with a massive following which continues to expand. Mark Zuckerberg alongside his college roommates created and launched the world’s most popular social media site on 4 February, 2004. Zuckerberg previously developed other sites for fellow students to
Facebook is a major social networking site that connects users through text, post, and video all over the world. It was created by Mark Zuckerberg on February 4, 2004 at Cambridge, Massachusetts. It now has about 1 billion users and has grown to become the second most popular site ever. Facebook has enabled many people to communicate and share things online like never before. In can also raise support or awareness for a cause through facebook. This of course shows
However, in opposition, social networking sites is based on sharing information and so, in the Internet economy and the exchange between users and websites would be beneficial to both ends. As the users’ valuable activities and information has become the base for
February 2004 saw the launch of Facebook (Facebook.com) It’s creator Mark Zuckerberg launched the site with co-founders and room mates Dustin Moskovitz, Chris Hughes and Eduardo
It was created in 2004 by Mark Zuckerberg while he was a student. Facebook helps the youth and any other user updated with what is happening around the world, help the teenagers stay connected and interact with each other even if they are many miles apart. Facebook also strengthens people’s relationship when we cannot live close to others but we can connect and update information to one another any time. Facebook became most popular social networking around worldwide and now have more one billion users. Facebook is like a friend with someone, they cannot pass a day without checking
Facebook was made with good intentions by Harvard student, Mark Zuckerburg and fellow roommates in February of 2004. The site was designed for the school campus to share educational ideas. Later, access to Facebook opened up to Ivy League schools and then to all U.S. college universities. Eventually, Facebook caught on with gaining worldwide popularity, there is even a movie about the social networking giant. Tech savvy teens
The logical conclusion of technological innovations is the digital age we are experiencing today. The rapid developments in the field of information systems and telecommunications have led to the prevalence of the Internet. The development and upgrading of commercial activity is influenced by the internet, which is now an integral part of the communication activity of businesses and individual users.
The internet is the easier way for people to communicate with each other. It has made the world smaller by bringing people together everywhere and any time. This invention has important tools for people to contact and it has changed their way of communication in today busy world. In fact people are becoming totally dependent on the internet as a way of communication in their daily life, business and work. The limitation of old communication tools has made the use of internet for communication is wider all over the world .
Facebook is the most popular social networking websites with over one billion users since 2004 when Mark Zuckerberg came up with
Information technology is being used since it was evolved, for the benefit of the sophisticated economic trading in an easier way, banking in e-banking form, communication, business, etc. Today it has become that part of life, without which life does not seem possible. The use of internet has emerged as a very useful medium for the welfare of the civilized society. But internet is not one of those which
In today’s world Internet has become one of the most important mediums of communication. It has become the lifeline of our survival. It has removed the entire social, economic and physical barrier and has immense effect on our day to day activity.
The internet furthermore, enriches our culture today by enhancing speed and allowing quick access to information that is needed. With the help of the internet, humans are able to send and receive information faster and at the individuals convince. For instance, businesses and healthcare companies, such as,
Facebook was founded on February 4, 2004, by Mark Zuckerberg with his college roommates and fellow Harvard University students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. “They had begun the membership to Harvard students, but later expanded it to colleges in further areas. It gradually added support for students at various other universities and later to their high-school students.”{Facebook}
Now the Internet has become a great electronic gateway that provides instant access to global news and information. The databases, documents, files, and programs that are ¡°sitting¡± on Internet computers contain a tremendous amount of information. You can search for and find up-to-the-minute stock market activity, weather reports, music, recipe; you can make