Years ago, one of the earlier forms of social media was MySpace. In a series of missteps, they crumbled in the competitive space, against newcomer Facebook, who came along and became much that MySpace wasn’t. Facebook isn’t being beat out by any other major competitor yet, other than the lack of interest by many people. Many articles over the past year have detailed out that mismanagement, stale thinking, government regulations, and more, are setting Facebook up for stagnation, or even a future demise. We can’t predict the future, but it isn’t looking great for Mark Zuckerberg. One of the better articles on this ongoing situation is here…
Competition, miscalculations, and regulatory scrutiny have all but killed the advertising giant’s dreams of diversifying its business and rolling up the digital world into its platform.
Found at www.vice.com
