Why Facebook is Dominating Despite Media Coverage

2018 was the year that Mark Zuckerburg got tested as a CEO. It’s fair to say that last year Facebook got raked over the coals by politicians and the media alike. It seemed (and to be honest, seems) like every week there was and is a story bashing Facebook. From the Cambridge Analytica scandal, to the security breach and Sheryl Sandberg controversy. Most recently Facebook was reported to be selling user’s messaging information to large companies, although they technically did nothing illegal, according to FB. Facebook has been getting a lot of negative publicity recently. Not to mention some revenue slow down. Over the summer in 2018, Facebook showed signs of slowing down user growth, and lost 24% of it’s stock value in 2 hours. Employees are feeling the pressure as well with the constant news coverage.

It certainly has been looking bleak for Facebook recently.

But how much of this is over exaggerated media outrage, and how much of it actually affects their bottom line? What is their future is going to look like in terms of the products and services they are developing? Are they headed in the right direction in terms of the vision Zuckerberg has set for the company?

It’s important to take note of the fact that Facebook is still the top social media website in the world. In October 2018, they had 2.28 billion…