Facebook is still making massive amounts of money, and is still hugely popular. It remains my go-to social network in spite of my complaints with conspiracy the

Facebook is still making massive amounts of money, and is still hugely popular. It remains my go-to social network in spite of my complaints with conspiracy theories spreading, and I do not think Twitter, TikTok and others, are even remotely competing with Facebook yet. What happened though is that some younger users lean towards smaller dedicated apps, but these apps are typically less solid, less profitable, and has worse leadership behind them. Apple also abused their near-monopoly by releasing a privacy update that was very harmful to their competitors, essentially it was an anti-competitive move. As a shareholder in both companies (mostly in Apple), I wish Apple would be held accountable for their hostility and anti-competitive practices against Facebook and other companies. Their arguments against ads holds no water. What we will probably see, however, is that Apple is not held accountable for their overnight changes to iOS, and Facebook will find other technologies and/or streams of revenue to make up for the overall hostile ad-based environment. Ad-free Facebook would be cool, but i doubt we will see it happen anytime soon. Myspace and Facebook can not be compared even remotely – myspace was and still is a hot burning mess in more aspects than I have count of. I am not even sure you can define myspace as a social network, because it is so unconventional and boring in that sense, but each to their own.