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The Facemash site was quickly forwarded to several campus group list-servers, but was shut down a few days later by the Harvard administration.Zuckerberg faced expulsion and was charged by the administration with breach of security, violating copyrights, and violating individual privacy. Zuckerberg expanded on this initial project that semester by creating a social study tool ahead of an art history final exam.Microsoft's purchase included rights to place international advertisements on the social networking site.Entertainment Weekly included the site on its end-of-the-decade "best-of" list saying, "How on earth did we stalk our exes, remember our co-workers' birthdays, bug our friends, and play a rousing game of Scrabulous before Facebook?
In recent years, the company has faced intense pressure over the amount of fake news, hate speech and depictions of violence prevalent on its services, all of which it is attempting to counteract.In March 2011, it was reported that Facebook was removing about 20,000 profiles every day for violations such as spam, graphic content, and underage use, as part of its efforts to boost cyber security. Finance website reported that Facebook's lead underwriters, Morgan Stanley (MS), JP Morgan (JPM), and Goldman Sachs (GS), cut their earnings forecasts for the company in the middle of the IPO process.It was believed that adjustments to earnings estimates were communicated to the underwriters by a Facebook financial officer, who used the information to cash out on their positions while leaving the general public with overpriced shares.Additionally, users can report or block unpleasant people.Facebook has more than 2.2 billion monthly active users as of January 2018.