1. Facebook is trying to stay relevant by copying promising social network features (e.g. Whatsapp, Snapchat, Foursquare, ...)
2. Although Facebook is trying hard, it's having a tough time competing with the new social network because of preconceived notion of what Facebook is. (Facebook is news feed of personal social graph, not ephemeral real-time chat like Snapchat.) More on this: http://www.futureofsocialnetwork.com/2012/12/social-network-...
3. Although Facebook is having hard time competing with new, it has the big enough network to be the social platform. People still have account because of network-effect.
1. Facebook is trying to stay relevant by copying promising social network features (e.g. Whatsapp, Snapchat, Foursquare, ...)
2. Although Facebook is trying hard, it's having a tough time competing with the new social network because of preconceived notion of what Facebook is. (Facebook is news feed of personal social graph, not ephemeral real-time chat like Snapchat.) More on this: http://www.futureofsocialnetwork.com/2012/12/social-network-...
3. Although Facebook is having hard time competing with new, it has the big enough network to be the social platform. People still have account because of network-effect.