Economic crisis doesn't phase Facebook

Friday, November 7, 2008

By: Alex Jones


Through these hard economic times there is one company that is not having troubles coming up with enough money.

Facebook has a staff of over 700 and is still hiring. The company is growing in their revenue and has no problem finding the advertisers necessary to fill their Web site. 

In a time where more media is moving to the Web, it is no surprise that advertisers themselves are jumping from traditional print advertisements to Web advertisements. Media will inevitably follow the money.

This is just another contributing factor to the slow decline of print media. Low readership and advertisers that are moving to the Web are slowly but surely going to drain print media for good. 

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