The meat of this week's topics in class seem to cover the idea behind Facebook and Twitter, and mainly the proliferation of such social networking sites within the populace. Venezuela passing laws governing the use of social media according to ideas of public "outrage" and the disruption of order seems to be a government overstepping it's bounds- it could be compared to the State Department of Washington passing censorship laws against offensive editorials because they can cause public "outrage".
On the topic of Facebook, whilst the preceding argument could cover Twitter, the IPO of Facebook and the scandals involved therein on the pricing covers a whole different article. I don't think the IPO topic precludes the end of Facebook financially or intrinsically. Rather, the IPO story lends more weight to the more recent discoveries of Facebook's revenue losses (of over 5%) from personal computer users, but the jump in usage from mobile users going from 618m to 650m. I think Facebook isn't dying, rather they are stagnating and need to act fast to expand their spheres of sociality to mobile users rather than primarily targeting P.C. users. Perhaps my Facebook app will stop crashing every 5 minutes then.
