"Reflecting on 20 Years of Facebook: From Thriving to Hell and Back"
Originally Published 1 year ago — by CNN
Facebook, launched 20 years ago, has maintained its dominance in the social media landscape by adapting to changing user needs, expanding its user base, and making strategic acquisitions like Instagram and WhatsApp. Its focus on real-life connections and gamifying social interactions has set it apart from early competitors like MySpace and Friendster, which failed to keep up with changing trends and user needs. Meta Platforms Inc., Facebook's parent company, continues to innovate and invest in messaging apps and tech hardware, solidifying its position as a social media leader despite competition from platforms like TikTok.