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Monday, December 30, 2013

Why It's Moronic To Say Facebook Is Dying




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Why It's Moronic To Say Facebook Is Dying



Source: www.businessinsider.com - Monday, December 30, 2013
A recent study in the UK claims Facebook is "dead and buried." The reasoning: teens think Facebook isn't cool anymore. And clearly, we should all listen to teenagers. "What we’ve learned from working with 16-18 year olds in the UK is that Facebook is not just on the slide, it is basically dead and buried," the study stated. "Mostly they feel embarrassed even to be associated with it. Where once parents worried about their children joining Facebook, the children now say it is their family that insists they stay there to post about their lives." This isn't the first time someone has said Facebook is in a death spiral. There have also been reports that  millions of people have left the social network  in the United States and United Kingdom over the past year. And after  its third quarter earnings call, where Facebook's CFO acknowledged a decrease in teenage daily active users, the stock nosedived 15%. Still, the theory that Facebook is going to die altogether is moronic. Here are the three most common complaints about Facebook and why they make no sense. 1. "MySpace died!"   It's easy to compare Facebook to the social network it helped bury, MySpace. But saying "Myspace died" isn't true. It was acquired by News Corporation for $580 million two years after it was founded. That's a win by any startup measure. It wasn't until 2008, when Myspace was under new management, that Facebook outgrew it.   Also, MySpace was never as large as F






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