If you use the word "Facebook" as a sole facebook.com, then maybe no, there will always be new social media platforms with newer features. But if you actually talk about the company, then they might be here for a long time. To date, they have acquired WhatsApp and Instagram, and many internet companies https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Facebook
In my opinion, they will evolve to adopt new technology, thus producing different facebook.com from that we know today.
In addition, internal politics won't affect them much, Zuch will always be the boss.
Topic: Is Facebook sustainable long-term? - page 2. (Read 414 times)
They normally have a lifespan of 10 years or less
Eh? Where did you pull that piece of data from? The internet isn't even old enough for such a statistic to be reliable, nor have there been a lot of social media sites (at least that I know of--MySpace is the only other one like FB that ever caught on). Certainly none have achieved the popularity of Facebook, and FB is actually profitable. As much as I can't stand FB and haven't used it since 2010, I do think it's going to be around for the long-term. People get addicted to it almost like cigarettes, and it seems far-fetched that something with that much appeal is going to go out of business.
I've never used it or liked it. As the kids that built it grow up and move away, will the next generation start to use it? It seems to have been getting a lot of criticism recently, and I believe the share price of the FAANG stocks are dropping rapidly. Hopefully we are entering a new era.
Nothing is sustainable in the long term, least not social media platforms. They normally have a lifespan of 10 years or less, Facebook is over that now but the signs are already there that people are beginning to transition away from it. They have a large majority of their old client base but they're struggling to attract new signups from the younger generation.
There has to have one that is going up before the old one disappears like how myspace fade, facebook seem going strong still. There is no threat to facebook as we see it today but maybe one day when blockchain social media site prove itself to have more privacy settings than it. They are innovating for the mass so facebook might stay longer and will still be used by lots of us.
Nothing is sustainable in the long term, least not social media platforms. They normally have a lifespan of 10 years or less, Facebook is over that now but the signs are already there that people are beginning to transition away from it. They have a large majority of their old client base but they're struggling to attract new signups from the younger generation.
At the moment I do not see a strong competitor for Facebook.
If Facebook has lost a couple of points, it still remains stable.
If Facebook has lost a couple of points, it still remains stable.
Business is war without bullets, and Facebook has been losing quite a lot of battles lately.
https://www.businessinsider.fr/us/mark-zuckerberg-promises-to-be-more-hands-on-at-facebook-2018-11
"Facebook founder Mark Zuckerberg told a meeting of top executives in June that he would become a more aggressive CEO because the company was at "war," according to the Wall Street Journal.
The meeting came at a time when users, lawmakers, and investors were angry over the company's handling of the Cambridge Analytica scandal. The 34-year-old CEO reportedly expressed frustrations that executives weren't moving quick enough at times this year and said it was time for executives to "make progress faster."
The report added that the new approach had caused "unprecedented turmoil" in Facebook's most senior ranks, and had led to the departures of a number of top executives, including the cofounders of Instagram and WhatsApp."
People don't want to work at a place that is starting to have negative dogma attached to it, and I think a lot of people (users) are skeptical of current social media platforms especially as of late. They're saturated by business and hidden agendas and it's almost impossible to tell what's fake and what isn't.
Is this just a temporary slump for Facebook or will they pull through in the end somehow?
https://www.businessinsider.fr/us/mark-zuckerberg-promises-to-be-more-hands-on-at-facebook-2018-11
"Facebook founder Mark Zuckerberg told a meeting of top executives in June that he would become a more aggressive CEO because the company was at "war," according to the Wall Street Journal.
The meeting came at a time when users, lawmakers, and investors were angry over the company's handling of the Cambridge Analytica scandal. The 34-year-old CEO reportedly expressed frustrations that executives weren't moving quick enough at times this year and said it was time for executives to "make progress faster."
The report added that the new approach had caused "unprecedented turmoil" in Facebook's most senior ranks, and had led to the departures of a number of top executives, including the cofounders of Instagram and WhatsApp."
People don't want to work at a place that is starting to have negative dogma attached to it, and I think a lot of people (users) are skeptical of current social media platforms especially as of late. They're saturated by business and hidden agendas and it's almost impossible to tell what's fake and what isn't.
Is this just a temporary slump for Facebook or will they pull through in the end somehow?
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