Facebook about to implode

BBC – Radio 4 – iPM – Saving Face ( Book )

Is Facebook about to implode? It has been a bad few days for the business. The CEO has had to apologise for introducing a scheme that many users felt gave away too much information about them. Elsewhere, more firms are blocking the site to help improve productivity and the warnings continue that some users ( and there are sixty miilion of them ) are putting up way too much private information about them on their profiles. Still,
this week saw the launch of a new Facebook magazine and only a few days ago the Hong Kong billionaire Li Ka-shing invested $60 million in the business. For some then, the future looks good. For others, facebook is a fad that’s on its way out.

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