American firms cheering for protectionism in the form of tariffs on their foreign competitors should be careful what they wish for, writes Veronique de ...
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There had been recent reports of Facebook loosing a bit of its sheen.
CNN reported on recent signs of 'Facebook Fatigue' and another interesting story about it being ripe for some imminent disaster. There were also reports about alternative and upcoming social media sites like Tumblr which could soon replace Facebook.
Despite the recent drop out of about six million Facebook users in the US, I guess all this talk of Facebook’s loss of face has to do with its valuation of over a hundred billion dollars, based on a membership of over six hundred million users.
The reality is, with the world population approaching seven billion by 2011, the tsunami of Facebook is only in the making!
At the heart of its powerful social impact on the world, which can only be likened to a tsunami, are factors which the inventors of this social media site wouldn’t have been even aware.
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