Is Facebook Doomed?
Today there is talk of doomsday for Facebook. Between the failure taking place with the CBS Sports March Madness application and Henry Blodget posting that Facebook may be the next AOL, today is not a good day in Facebook land. Henry Blodget points out a few reasons that Facebook could be doomed. The primary reasons are that the thrill is gone for many, geriatric users don’t like it, Facebook doesn’t have a business model and finally that Facebook is still a walled garden.
Ultimately, Facebook is still on a tear and the applications that used to spam users are slowly fading away.
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