Moody Eye View

Facebook has made the startling admission  that teenagers are becoming bored with the social networking  giant. Facing competition from younger, more agile  and ‘cooler’ apps such as Snapchat and Instagram, Facebook fears its long-term  business could be harmed. And as Facebook approaches its tenth  anniversary the firm published its annual 10-K report last month revealing that  its younger users are increasingly turning away from the multi-billion dollar  business.

Though Facebook and Myspace are in discussions to  create “Myoldfacespace” the site for  people who don’t want to go to their 30 year class reunion.

Tags: Facebook, Oldfacespace

This entry was posted on March 4, 2013 at 8:07 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.