Mark Zuckerberg, who founded Facebook and was the subject of last year's Oscar-winning film "The Social Network," has announced that the social networking company is not working on letting in younger members.
Facebook currently allows those over the age of thirteen to sign up for an account on the site, which boasts more than half a billion active users.
"We're not trying to work on the ability for people under the age of 13 to sign up," Zuckerberg said at Paris' e-G8 Internet forum on Wednesday, Reuters reports.
The internet entrepreneur also claimed that statements he made at a conference last week were taken out of context. Media outlets previously reported that Zuckerberg said that the Children's Online Privacy Protection Act made it difficult for those under 13 to access websites like Facebook but insinuated that he wanted to change this.
Zuckerberg now says that the complexity of protecting younger members is not an issue the company was ready to tackle just yet.
"That's just not top of the list of things for us to figure out right now," Zuckerberg said. "Some time in the future, I think it makes sense to explore that, but we're not working on it right now."
Zuckerberg also said that the company doesn't plan on going public "yet." The company is rumored to be offering shares to the public next year.
Facebook is expected to generate an estimated $4 billion in advertising revenue in 2011, more than double the income it made in 2010. Facebook's value is estimated to be up to $90 billion.
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