How Facebook Is Taking Over The Internet

Previously, it was Google. Now it is Facebook. This month, Facebook has surpassed 350 million users which is a BIG figure. According to Alexa rankings, Facebook is number two on the most visited website list around the world. Google is number one. The graph of Facebook's growth has been nearly exponential. Yahoo, the previous biggest website has announced that they will implement Facebook connect all over their website. So the users who would have used Yahoo logins earlier can now login using their Facebook ids. This will fuel Facebook's growth further and lead to Yahoo's demise probably.

How do you explain this massive growth of Facebook? I feel it is still undervalued as a company. They price it only at $10 billion to $12 billion, which is low in my opinion. Even if the revenues are not substantial enough to price it at a higher level. But the fact that everyone and his/her friend is on Facebook speaks a lot. People share their entire lives on the website with what they are doing, photographs, events, debates, discussions, etc. They spend hours on end playing the various games and apps. One reason for the massive growth is the website is clean and free of ads (to an extent). And you don't get errors like you get at myspace. Myspace is declining because it's quite user unfriendly these days. On Facebook, you can control your privacy settings to a very high extent, which is a big plus point.

The emergence of the application platform has further added to the growth. Apps like Farmville have over 60 million users which is more than the total number of Twitter users. Facebook's growth will slow down a bit because slowly everyone in the connected world will be on FB. But by then it will have taken over the Internet and prove to be a parallel force to the might of Google.

Everyone is going ga-ga over Facebook and Twitter these days. Myspace has become one of those fads which usually last two-three years. It is trying to reinvent itself. Have you wondered what is going on with the older social networking websites like Friendster, Bebo, Hi5, Orkut, etc? You may have created an account on one of these sites many months back. The truth is, except Facebook and Twitter, the traffic on most of the other social networking sites is going downhill. Facebook is now number two in alexa internet rankings. Myspace has slipped from the top five. The others have slid a lot as well.
Yahoo has announced that it will enable Facebook connect through out Yahoo's main portal in the coming months. Now, Yahoo is/was one of the biggest socializing portals with email, chat, messenger and everything. Instead of developing a social network on Yahoo, they are giving away space to Facebook. Myspace has also announced that it will integrate Facebook connect so that myspace users can share myspace content like music videos on FB easily. Consider the fact that myspace and f'book were bitter rivals a few months back. Google is planning to include facebook pages and status updates in its search results, which means more organic traffic to FB. FB will continue to increase its dominance due to such steps being taken by the top websites. It may not be wrong and instead help users to maintain a common FB id which they can use on any website they want. In a way, it will be good because other sites will no longer have to create separate login registration. People will no longer have to register at every website. But imagine, that something goes wrong in FB. The Internet which we know will come to a standstill considering that all social networking will take place through Facebook. So everything has its pros and cons. What will happen in future? No one knows.

The author writes text messages and consults for social networking content like photo effects and myspace quotes. He also writes quizzes on subjects like fun personality, etc.

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