"Facebook eyes a future beyond social media"

Category: Business

Thoughts:

Previously I had doubts about how can Facebook be ‘cool’ again, but this article reminded me that huge companies like FB doesn’t rely on only one service. The advertisement industry turned out to be a mammoth-sized one, and the company is continuously trying out new ideas. I almost forgot that FB accquired Oculus long ago. Oculus makes one of the finest VR glasses in the world. However, I have to point out that while Facebook does everything fine in what they do, they don’t have a power of ‘market-leader’ as Apple and Tesla have. Until Apple (or maybe Google) paves the way, Facebook is not likely to have a dominance in the field.