TWTR was up 4.8% yesterday in heavy volume...82.5mil shares yesterday...we should continue to see more switch from FB to TWTR as we see less and less interest in FB...
Young Users See Facebook as 'Dead And Buried'
2013-12-27 13:37:29.937 GMT
Matthew Sparkes
Dec. 27 (Telegraph) -- A study of how teenagers in eight
countries use social media has found that Facebook is “not just
on the slide, it is basically dead and buried”, but that it is
morphing into a service to keep in touch with older family
members
A study of how teenagers in eight countries use social media
has found that Facebook is “not just on the slide, it is
basically dead and buried”.
Professor Daniel Miller of University College London said in
a blog post: “Mostly they feel embarrassed even to be associated
with it.
“This year marked the start of what looks likely to be a
sustained decline of what had been the most pervasive of all
social networking sites. Young people are turning away in their
droves and adopting other social networks instead, while the
worst people of all, their parents, continue to use the service.
“Where once parents worried about their children joining
Facebook, the children now say it is their family that insists
they stay there to post about their lives. Parents have worked
out how to use the site and see it as a way for the family to
remain connected. In response, the young are moving on to cooler
things.
“What appears to be the most seminal moment in a young
person’s decision to leave Facebook was surely that dreaded day
your mum sends you a friend request.”
The study, which was funded by the European Union, studied
16 to 18-year-olds in eight countries and found that Facebook use
was in freefall. Instead, young people are turning to simpler
services like Twitter, Instagram, Snapchat and WhatsApp which
professor Miller conceded were “no match” for Facebook in terms
of functionality.
-0- Dec/27/2013 13:37 GMT
2013-12-27 13:37:29.937 GMT
Matthew Sparkes
Dec. 27 (Telegraph) -- A study of how teenagers in eight
countries use social media has found that Facebook is “not just
on the slide, it is basically dead and buried”, but that it is
morphing into a service to keep in touch with older family
members
A study of how teenagers in eight countries use social media
has found that Facebook is “not just on the slide, it is
basically dead and buried”.
Professor Daniel Miller of University College London said in
a blog post: “Mostly they feel embarrassed even to be associated
with it.
“This year marked the start of what looks likely to be a
sustained decline of what had been the most pervasive of all
social networking sites. Young people are turning away in their
droves and adopting other social networks instead, while the
worst people of all, their parents, continue to use the service.
“Where once parents worried about their children joining
Facebook, the children now say it is their family that insists
they stay there to post about their lives. Parents have worked
out how to use the site and see it as a way for the family to
remain connected. In response, the young are moving on to cooler
things.
“What appears to be the most seminal moment in a young
person’s decision to leave Facebook was surely that dreaded day
your mum sends you a friend request.”
The study, which was funded by the European Union, studied
16 to 18-year-olds in eight countries and found that Facebook use
was in freefall. Instead, young people are turning to simpler
services like Twitter, Instagram, Snapchat and WhatsApp which
professor Miller conceded were “no match” for Facebook in terms
of functionality.
-0- Dec/27/2013 13:37 GMT