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Facebook

Launched in February 2004, Facebook is a social networking service founded by Mark Zuckerberg with his college roommates and fellow students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. Early investors include Microsoft and Hong Kong tycoon Li Ka- shing, through his namesake charitable foundation. Facebook’s US$16 billion initial public offering in May 2012 generated huge investor interest although the shares subsequently slumped in price.

Facebook says gory photos and videos are permitted on its site as long as the users 'condemn' the acts. Photo: AP

Facebook lifts ban on decapitation videos

Facebook has surreptitiously resumed allowing decapitation videos to be posted on its website, lifting a temporary ban it had placed earlier this year on content featuring graphic violence.

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