Report: Facebook is the only shrinking social network
Influential Internet analyst Mary Meeker says the category is growing overall -- except for one company.
One-time Internet darling Facebook (FB) might be fading, according to a report from the influential former Internet analyst Mary Meeker.
Mary Meeker was crowned the queen of the Net in the late 1990s, when her calls on early Internet companies helped form the reputations of pioneers such as Netscape and eBay (EBAY). She issues a report every year called "The State of the Internet."
Released Wednesday, the latest version includes some startling tidbits, such as the comparison of social media usage from 2011 to 2012. While Facebook is still the most-used social media network, it was the only service to suffer a decline last year, her report notes. Meanwhile, YouTube, Twitter, Google+ and others grew.
It's just the latest sign that not everything is going gangbusters for Mark Zuckerberg's creation. As the company recently marked the anniversary of its flubbed IPO, another study found the site could have as many as 100 million accounts that are actually pets and brands.
Media titan Rupert Murdoch has even issued a dire warning, writing on Twitter this month: "Look out Facebook! Hours spent participating per member dropping seriously. First really bad sign as seen by crappy MySpace years ago." (Murdoch's News Corp. (NWS) bought MySpace for $580 million, only to sell it several years later for a reported $35 million.)
The 117-page report from Meeker, who now works for venture capital firm Kleiner Perkins Caufield & Byers, includes topics as varied as data on recent tech IPOs and immigration and high-tech workers. Here are four additional facts gleaned from the report:
Five big tech companies need to fill 10,000 openings. In her segment about immigration, Meeker notes that IBM (IBM), Intel (INTC), Microsoft (MSFT), Oracle (ORCL) and Qualcomm (QCOM) alone need to fill 10,000 spots in their U.S. operations. (Microsoft owns and publishes MSN moneyNOW, an MSN Money site.)
The biggest Internet companies are in the U.S., but their customers aren't. Eighty percent of the largest global Internet companies -- including Google (GOOG) and Microsoft -- are in the U.S., but 81% of their users are outside the country.
More than 500 million photos are uploaded and shared -- daily. Internet users love to share their photos, so much so that the daily tally has mounted to more than 500 million. About half are shared on Facebook, but Snapchat now represents about 100 million daily photos, while just two years ago it had a negligible presence.
Americans aren't big on sharing. Only 15% of Americans say they share "everything" or "most things" online, lower than the world average of 24%. The biggest sharers? Internet users in Saudi Arabia, where 60% say they put it all out there.
Instead of running efficiently, they focus on throwing garbage ads into feeds for crap I have no interest in & changing my preferences on friends. Yeah thats sooo great service.
No big surprise when greed overtakes every other aspect of a business as the priority.
Made the big mistake of signing up for Facebook about a year ago. Signed in once and never again.
Almost immediately began receiving loads of spam, luckily most of it filtered out, but I think they suck up your contact list, then people open up stuff thinking it's from me, but it's not and they suck up my friends address books, etc....
I've never been back, yet to this day still receive spam, all looking like it's legitimate email from people I know. Never happened until I signed onto Facebook.
They lost me as a customer on my first day.
Once you understand that Facebook is a business, not run out of a basement by one person in his spare time but by hundreds of employees, 10's of millions in equipment, is dependent on advertising revenue, you learn to use your privacy settings, not play the games that are also businesses dependent on ads, and only "like" or "friend" businesses that you are actually interested in, can gain something from, or offer discounts on things you actually buy it Facebook is fine.
As for too many dumb posts, well they are from your friends, Facebook can't control your friends posts but you can.
If you are getting spam e-mail it's because you were ignorant of your privacy settings and allowed someone to copy your email address or you gave the advertiser permission. Facebook like every other site does not make revenue from e-mails but from clicking to advertiser links on their pages. Neither facebook nor Google+ or any website can count and charge for an advertiser's e-mails because the chance of an advertiser allowing access to their mailing list is 0.
I Never joined facebook...Saw how much time others wasted on it...
From what I've heard and read...They cant be trusted with Any of your personal info...?
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