Friday 3 August 2012

Is it you?

Facebook has been a phenomenal success and has changed the way a lot of people interact with one another. Many of you no doubt check your Facebook pages on a daily basis, some spend hours each day reading one anthers status and putting your lives for others to see on your pages. Businesses are now expected to have a Facebook page too. Unfortunately like all good things, eventually the gloss begins to wear. When Facebook was floated on the  stock market, it made a lot of people wealthy (the ones selling the shares) and the one buying the shares saw the value of their investment in the initial stages fall. Unfortunately, the value is likely to fall again. In an article published, it has been recorded that there are 83 million extra accounts. This could be due to people having more than one account, setting up pets pages and others for sending spam.With 83 million less accounts, Facebook's advertising revenue is likely to fall which means that it is less profitable, therefore the company's market value lowers and it is less desirable for investors. For more information read the article. On the other hand the latest bright light is Linkedin and its progress would be a good company to chart. Will it go the same way as Facebook?

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