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Monday 3 February 2014

Facebook celebrating its 10th Birthday, the challenge lies in retaining youngsters


Facebook turns 10



Social giant Facebook celebrating its 10th birthday with more than 1.2 Billion users worldwide.The website was launched by Mark Zuckerberg in February 4,2004 from Harvard University.

According to the company’s own recent figures, the social networking site has since expanded to cover a large part of the world, with more than 1.2 billion people using its site on a monthly basis.

A recent Princeton University study suggested that Facebook may lose around 80 per cent of its users over the next three years, a claim which was challenged by the social networking site.  According to a recent report in iStrategyLabs, Facebook lost more than 3 million users in the age group of 13 and 17 between January 2011 and January 2014, which is among growing challenges faced by Facebook.

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