It’s Probably Not TikTok. Why Facebook’s Problems Are Local
When a Harvard sophomore started “The Facebook” in his dorm room in 2003, no one could have predicted that in less than a decade his site would displace MySpace as the world’s leading social media platform. Facebook accomplished this impossible feat by offering a more appealing product. Now, Facebook’s parent company is under threat from competitors offering more appealing products, giving it a choice of adopt or die.
Photo credit: AP Photo/Tony Avelar
