Facebook and Twitter Are Actually Well-Known Social Networking Friends
Facebook and Twitter are both social networking sites where you can keep track of friends and family. A few years ago, Facebook tried to buy out Twitter but the deal fell through. Twitter wanted more money than Facebook was offering.
Since Facebook could not buy Twitter, they did the next best thing: they started a Twitter-style update system. Facebook subsequently became much more popular and gained new users.
Twitter does not make money yet. Fortunately, Facebook and Twitter still get along. Facebook may make another offer to purchase the less profitable site.
Twitter is extremely popular with users, and has a very large user base. Unfortunately it does not seem to know how to make money. Twitter does not turn a profit. If they can’t figure out how to change this, they may become desperate enough to take the next offer that comes along.
Facebook will likely be in a good position to make an attractive offer. Unlike Twitter, Facebook knows how to turn a profit. Facebook uses targeted advertising sales, which is very lucrative.
The Twitter craze may just be a flash in the pan, though. Twitter involves people posting short bursts of information about their lives. Unless you are a celebrity, think about your life most days. Is it really so exciting that your friends and family will be interested in what you have been doing?
Telling everyone about the boring little events of your day like what you had for lunch and what you are getting at the grocery is not interesting. Many people complain about bores who fill up their Twitter feed or their Facebook News Feed with boring and useless information.
It would be wise of Twitter to take the next offer when it comes instead of waiting around for more. The Twitter craze won’t last forever, and when it is over there will be no more money to be made.
Everyday boring updates about insignificant happenings will eventually bore readers, and they will turn away from Twitter and Facebook. These networking sites should make money while they can still cash in on their current popularity.
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