The Future of Facebook as a Search Engine Pioneer
Since May 18th 2012, Facebook has been having a bit of a hard time. With the company being floated on the NASDAQ at an initial starting price of $38 a share and now, 5 months later, the share price has halved in value, it is fair to say that shareholders are becoming slightly worried.
There has also been a big blow with the fall of Zynga, the game application developers, whose share price has been in free-fall. Zynga contributed to 12% of Facebook’s revenue within 2011 and bearing in mind that almost 80% of Facebook’s revenue currently comes from advertising, the future isn’t looking too great for the social giants.






