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    The social media platform, Facebook, has been a platform for millions of people for the last decade. Its user base has increased from 1.6 billion in 2010 to almost 2.5 billion now. It is considered one of the most influential social media platforms, responsible for a vast majority of social networking. However, in 2018, a scandal arose, which shook the entire ecosystem. The scandal was caused by the fact that Facebook had revealed the identities of more than 87 million of its users,

    VRIO Analysis

    When Facebook first came into existence, it promised an end to the world’s unfriendly ways. The company was founded in 2004 by <|user|> and Mark Zuckerberg as an experimental social networking site meant to provide an alternative to existing platforms like MySpace and Friendster. By 2005, Facebook became the fastest-growing social networking site in the world, and the business model was booming with billions of people sharing personal information, interests, and lives with strangers. It wasn’t long before Facebook became a

    PESTEL Analysis

    For a while now, my Facebook friend, Raminta Beraite Vidhi Chaudhri, had made an attempt to convince me that, no matter how much the Facebook platform, and the company, are changing, there is no reason why it should not survive. She had even sent me her new book that had appeared in recent months. The book, ‘Facebooking: The Next Generation of Social Media’, was a follow-up of her 2018 book, ‘Facebook Unbound: The Next Generation of Social Media’. I had read her first