Facebook & Twitter Are Committing Platform Suicide: How TikTok Killed the Social Media Giants
<p>Social media is dying.</p>
<p>TikTok has spun the tech world into chaos over the past four years, and social media as a concept will likely be the biggest casualty.</p>
<p>For decades, Meta has enjoyed a conspicuous lack of competition.</p>
<p>TikTok came out of nowhere and challenged the social media giants with its stunning virality, just like Facebook unseated Myspace in the mid-2000s.</p>
<p>Facebook <a href="https://www.history.com/this-day-in-history/facebook-launches-mark-zuckerberg" rel="noopener ugc nofollow" target="_blank">launched in 2004</a>. Its only real competition was the vulnerable Myspace. Ironically, Facebook dethroned Myspace by offering social media without ads. It took Facebook <a href="https://www.inverse.com/article/33498-how-long-will-it-take-facebook-to-add-its-next-billion-users#:~:text=Facebook%20was%20first%20opened%20to%20the%20public%20%E2%80%94,five%20years%20later%2C" rel="noopener ugc nofollow" target="_blank">eight years</a> to reach 1 billion users in 2012.</p>
<p>Having one billion users is a colossal feat.</p>
<p><a href="https://medium.com/datadriveninvestor/facebook-twitter-are-committing-platform-suicide-how-tiktok-killed-the-social-media-giants-daced26cc161"><strong>Read More</strong></a></p>