Twitter Website Down Tuesday Afternoon

Twitter went down for what appears to be maintenance issues on Tuesday afternoon. Tweeps are in a frenzy today because it appears that many people are having trouble accessing Twitter. When I went to page myself this is the message that is claiming the popular social network is down for maintenance.

Instagram Lands $100 Million Deal

Sounds like Mr. Zuckerberg's move to purchase Instagram is finally going to turn the app into a money maker. Adage.com is reporting that the photo-sharing application has landed an estimated $40 million advertising deal with Ominicom. In 2012, Facebook bought out the popular app for $717 Million. Many insiders questioned this move, wondering if it would turn into a profitable venture for the social media giant. Instagram has become a top social networking app with a said amount of 150 Million users. Facebooks IPO debuted in May of 2012 with disappointing numbers and many considered it a total flop. But those that who have held on to the stock for the long term, have reaped the benefits as it has more than doubled in the past year. This new partnership could drive shares of the company even higher.

Zuckerberg may have made a good move in buying Instagram

Instagram has become popular with teens and celebrities 

How Long Can Facebook Go On?

How long can Facebook go on? Everyone keeps saying that it's on it's way out but I don't see it slowing down. In fact, I still see new friends showing up every now and then. I've also noticed that some of my friends will kind of disappear but the reappear out of nowhere. Reports say that teens don't think Facebook is cool anymore because parents and grandparents are on it. Since when do we put all our investments in what teens say? They aren't even old enough to drink. I don't think Facebook is going anywhere. The stock has doubled even after taking a big dip with the IPO went public. Twitter shares were doing well too but have taken a dip in recent weeks. Social media and smartphones have become so consuming that they've taken over our lives. I'm not against it. I think these are extremely powerful marketing tools. I think Facebook will be around for a long time. I don't see it becoming an empty abandoned carnival like Myspace.