Facebook Is Playing Defense, A Clear Sign That It's Confidence Is
Facebook Is Playing Defense, A Clear Sign That It's Confidence Is Shaken
Lately, Facebook has been making a lot of defensive moves.
The social network which once wowed us with product launches like Timeline and News Feed now seems to be scared of fast-growing startups, and it's losing focus.
The clearest example is Snapchat, a startup that's exploded to millions of users in a little over one year. More than 50 million photos are shared over the mobile app every day — that's higher than Instagram's daily upload number.
What may frighten Zuckerberg most about Snapchat is the fact that it's Facebook's polar opposite, and it's wildly popular.