technocapitalism

As Facebook Grows Cold and Stale, Young Users Flock to New Platforms

MENLO PARK, CALIFORNIA — Is social media giant Facebook headed for the same ignoble fate as its now-extinct predecessors, Friendster and MySpace?
The prospect of the reigning social media champ’s demise shouldn’t be exaggerated, but recent data digital market research company eMarketer suggests that the platform’s popularity is reaching a point of stagnation among younger users, as netizens aged 12 to 17 flock to mobile app competitor Snapchat.