Even before it was the title of a movie, the phrase “the social network” was synonymous with Facebook. Mark Zuckerberg’s startup snatched the title from MySpace in 2008, and its pre-eminence among social networks has gone unquestioned ever since.
Now there are signs that it may have peaked. Not as a media platform, or as a place where people simply spend time on the web, and certainly not as a business. But as a social network per se—a place where people go to connect with friends and acquaintances—Facebook may be just beginning to wane…
Source: Facebook May Have Peaked as a Social Network. But It’s Reinventing Itself as Something Bigger.
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