• After a catastrophic few weeks, Facebook could now lose its place as America's 2nd biggest website in a 'paradigm shift'

    6 days ago - By Business Insider

    Facebook has had a chastening couple of weeks, and it's now about to be overtaken by YouTube as the second biggest website in the US.
    Market research firm SimilarWeb said Facebook's monthly visits have fallen from 8.5 billion two years ago, to 4.7 billion in July, while YouTube has been quietly edging up.
    Facebook's losses must be seen in context, however, as its portfolio is growing on the back of its app and other platforms, like Instagram.
    The biggest share price nosedive in Wall Street history, a shareholder revolt , another round of election meddling , and the banning of a notorious...
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