Facebook's Changing Fortunes

The social-networking site could have sold for upwards of $1 billion, but declining traffic numbers may have potential buyers waiting for a discount

It's crunch time, as they say in college, for Facebook founder and CEO Mark Zuckerberg. He created the online social-networking site two years ago with the help of two Harvard classmates and saw it become wildly popular with students at colleges across the U.S., who used it to communicate via home pages laden with photos and messages.

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