In the last five years, it is evident that the social media titan is having an impressive run. The company currently has a market cap of $446.54 billion and the stock was found to have risen by more than 300%. However, the social networking giant has been facing a lot of issues recently. Let’s take a quick look at these.
Facebook versus Snapchat
Back in October, during its quarterly earnings call, Zuckerberg even confirmed that he now visualizes a future where use of a camera would be the main way of how people share and communicate. Its largest attack against the multimedia and messaging company happened in August when Instagram launched an almost the same feature known as “Story.”