Do you remember where you were when MySpace lost its spot as the top social network? Where were you when Plastic died? There are early signs today that Facebook, used by many and loved by few, is beginning its inevitable decline. In Britain, where the drunken populace spends an inordinate amount of time staring at their phones, Facebook lost 600,000 users last month. That's not quite 2% of the U.K. user base, but it's also the opposite of "growth."
The data chimes with speculation that Facebook is reaching saturation point among the web user population in its core markets, and that continued growth is increasingly dependent on the [...]
Let's play compare and contrast!
Mark Zuckerberg: "Recently, the US Federal Trade Commission established agreements with Google and Twitter that are helping to shape new privacy standards for our industry. Today, the FTC announced a similar agreement with Facebook."
The government: "The social networking service Facebook has agreed to settle Federal Trade Commission charges that it deceived consumers by telling them they could keep their information on Facebook private, and then repeatedly allowing it to be shared and made public. The proposed settlement requires Facebook to take several steps to make sure it lives up to its promises in the future."
Part one of a short series on a new film about Facebook-perhaps you've heard of it?
The Social Network is full of fibs, as everyone knows. The film is based on Ben Mezrich's The Accidental Billionaires, which tells a colorfully embellished version of the story from the point of view of Facebook co-founder Eduardo Saverin, which tale, as it was written, was then adapted into the screenplay by Aaron Sorkin. The resulting account of the founding of Facebook amounts to a Hollywoodized game of Telephone. But the movie's lies aren't limited to those that blame Mark Zuckerberg for his rapacious and unscrupulous ambition (indeed, much of that stuff is [...]