Facebook seems to be having a problem, it’s losing it’s only asset, it’s users. Facebook is reportedly losing millions of user per month in the US. So why are people fleeing Facebook? It is hard to say, maybe Facebook has all along just been a fad that is losing it’s shine. Mass migrations towards alternate social network with new online ... Read More »
Facebook Stock Continues To Fizzle
The Facebook IPO was the biggest news for the past 5 months, with all the preparations, the hype and the valuations. Everything seems to have died out on the day Facebook stocks hit the trading floor. It just wasn’t enough. People really were not interested in buying Facebook stocks. What went wrong? After the passing clouds of MySpace, Friendster, etc., ... Read More »
Half of Americans Think Facebook Will Eventually Disappear
Much like MySpace, Friendster etc. Americans believe that Facebook too will soon fad away. In a poll conducted by AP/CNBC an overwhelming of 46% people say Facebook is likely to “fade away as new things come along”. 43 percent predict it will be “successful over the long term.” And with its long-awaited IPO drawing near, half of Americans also say ... Read More »
MySpace slashes nearly half its global staff
MySpace, the ex-social networking site has been taking the fall ever since the launch of Facebook. It did nothing to rebound and looks like its going through a very tough time now. MySpace just fired almost 50% of its employees worldwide! Struggling entertainment site MySpace said Tuesday that it is cutting nearly half of its staff worldwide, or about 500 ... Read More »
‘American Idol’ Judges are Finalized
The Judges for the next season of ‘American Idol’ have been finalized. They will be revealed in a news conference next week. American Idol’s next season, season 10 has already been causing so much speculation on who will be the judges. Looks like now everything has been finalized. Ryan Seacrest will make the announcement at a news conference at the ... Read More »
Social site users do badly in exams.
Yes, parents and teachers worst fear has been confirmed by a new research. Yep, Social Networking sites are damaging student’s academic performance. The researchers discovered that the majority of the students who use Myspace or Facebook everyday are underachieving by as much as an entire grade! compared with those shun such sites. In order to reach their conclusion researchers discovered ... Read More »