Is Facebook dying for business?


"2004; the year the Motorola Razr took over the world, broadband outpaced dial up connections for the first time and Firefox was launched. It was only 10 years ago, but technology has come on leaps and bounds since.

"2004 also saw the launch of Facebook. And much like the aforementioned tech, it has evolved over the decade; to not only meet the growing expectations of users, but to keep up with the demands of new and developing technology.

"Having survived and thrived during 10 tumultuous years, in which we've seen the growth and demise of many social networks, we're now all fairly convinced it's on its way out. There are statistics to support this too; 2014 saw a drop in the platform's 16-24 year old active users by 0.5 per cent, and over the last two years there has been a 20 per cent fall in users sharing photos and messaging friends.

"In fact a study released from Princeton University this year compares the forthcoming death of the network to the bubonic plague - predicting it will lose 80 per cent of its users along the way."

Read it, here.