One would imagine that Facebook has peaked in terms of users.
Both the changes that they keep making to try and squeeze a dollar from the punters and the younger generations who see Facebook as for old people tend to suggest it will eventually go the way of MySpace. Could be wrong, and it won't happen overnight.
On the other hand, if they rebrand quick enough they may gain enough of the Trademe/Ebay/Craigs List market share to remain relevant.
Then there is the news market. It will be interesting to see who takes control of that as newspapers die out and people look for a replacement. Will be a crowdsource replacement like Facebook, or will an online aggregator assume power. Do we want reliable news, tabloid news, or news supplied by those with the deepest pockets.
There are a number of powerplays to be made in the not too distant future in this space I would imagine.
yes Facebook quite stagnant for forseeable future but instagram ( also owned by fb) absolutely booming out of control.
one of the fastest growing platforms with huge potential.
S&P500 is retracing from the top of the channel so not surprising. top was 2848 currently bottom 2750 up trending channel , fangs savaged not surprising either most of the nasdaq advance is due to the fang stcks so its good to see them de fanged for a while .. healthy.
nz50 consolidating but looking heavy, asx looking better for me at the moment been ever waiting it seems for it to make new all time highs.
Reply With Quote
Originally Posted by RupertBear
As they say out west ...
Bookmarks