Technology News as it Happens.

Facebook Might Disappear by 2020 According to an Analyst

June 5, 2012 10:48 am

When at peak, nothing seems to come in the way. Everything appears tiny and comparatively less. For Facebook amongst other social networks, this applies more than ever. With the social network reaching around a billion users and being the world’s largest, end days seem too far away. But for the social media analyst Eric Jackson, the founder of the investment firm Ironfire Capital, this is not the case.

He thinks that Facebook will disappear by 2020, which is just 8 years from now. Even after much hype and all the planning, going to the IPO too, Facebook will “disappear”. That is really some news. Some gossip and rumour to go around, but when it comes to mobile platform, Facebook has already facing troubled times. It is just the online world that kind of welcomes it. So for the other Facebook competitors out there and all those new startups of social networking, they can have a strong positive hope to see the light of day when they would reach heights, and might even go past Facebook.

Even Mark Zuckerberg has shown his concern over Facebook’s future as the new media is developing and changing every day and too fast. This is the reason why Facebook is entering into smartphone making, into Gaming and other things. Jackson compared Facebook’s future with that of Yahoo saying that ten years ago in 2000, Yahoo was considered the king of the internet and people never wondered that it has only five more years to live. However, Yahoo has not gone completely down as it still makes profit.

For Facebook, similar might become true, profits but not peak. The next area to capitalize on according to him is the mobile platform and Facebook is not good at it. After all a genius can work only in some of the areas and not in all the areas and this is something that makes Mark Zuckerberg and his group of founders just another in the line of many that came and went.

Related Technology News:


Be Sociable, Share!

Leave a Reply


 

Latest Technology News

  • Top News

    Promotion worth $10,000 from Apple Inc.

    Good chance to avail $ 10k by downloading 50 billionth app from Apple App Store. Apple’s is celebrating its approach of the 50 billion App Store download milestone with an attractive contest and wanted to say thanks to its users by this way. May be today or tomorrow 50 billion apps have been downloaded worldwide from App Store. And Apple celebrates this moment with its users. Download the 50 billionth app, and you could win a US$10,000 App Store Gift Card. [...]

    Read more →
  • Top News

    Protect your children from unwanted material of web:

    With the mistake of single alphabetic your child could open a wrong site with lot of unwanted material. It is becoming a parent’s dilemma that how to safe their children from the undesirable material of web. They can’t restrict their children to use web because most of the schools encourage children to bring material from net regarding their homework etc. And our curious young generation (even less than 5 years old) is very impatient to discover the world of Internet [...]

    Read more →
  • Top News

    Health-related Apps:

    Health improvement is the next task of latest technology. If you are taking your health more seriously compare with others then you must try these apps. EMood Tracker: Almost 80% of us combat with depression and Bipolar disorder in our routine life and moreover 50% of us unaware that it will gradually lead us to a serious disease. This app helps you to measure depressed stages and evaluate moods, symptoms of bad moods, sleep disorder and the chart of the [...]

    Read more →
  • Top News

    Good news for Viber users:

    Now Viber 3.0 version is available for your desktop: Viber claims that it freely connects everyone in the world. Viber lets you send free messages as well as make free calls. Viber is compatible with these devices: Android: Supported with 2.0 and above. IPO: Supported on IPhone5, 4S, 4 and 3GS with IPhone Operating System 4.3 and above. BlackBerry: Supported with OS5 and OS7. Windows Phone: WP7 and WP8 Nokia: S-40 and S-60 Bada and now finally on Desktop: Mac [...]

    Read more →
  • Top News

    5 incredible Android apps of this week:

      Five absolutely free apps of this week for Android smart phones and tablets users.   Dextr Email Beta (Free)Dextr’s aim is to improve our way to read and send our e-mails through our cell phones. Use Dextr to lessen the mess of your inbox and concentrates merely on conversations with your love ones (family, kinfolk, helpers, customers, spouses and class-mates etc.). It facilitates us to concise our mails in an attractive way, and provide us to list up our [...]

    Read more →
  • Top News

    Technology has no limits:

    While taking a sip of tea into a restaurant in the coming months you notice someone with a pair of space-age glasses that look like a crutch from “Star Trek Series,” don’t worry. It’s most probably just a Google employee testing the company’s new augmented-reality glasses. Recently Google has released technical specifications of the Google Glass, a pair of the Internet-connected glasses that the company is publicizing as the next revolution in mobile computing. This new wearable technology will fundamentally [...]

    Read more →
  • Tablets Top News Google Joins LG and Samsung to compete Apple

    Google Joins LG and Samsung to compete Apple

    Google on its official blog on Monday announced the release of two new smart devices running on the Android 4.2 Jelly Bean OS. One is the Nexus 10 tablet PC by Samsung Electronics, with a 10.1-inch screen, and the other the Nexus 4 smartphone by LG Electronics, with a 4.7-inch screen. Google has joined forces with Samsung and LG to make prototype smart devices featuring the Android operating system. Samsung and Google hope to challenge Apple in the global market [...]

    Read more →