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Is it a good idea to invest in social media?

We live in a world where content is king and as we make our way towards the imagination age, technology companies look set to take over the global economic market. One of the companies leading the charge of this movement is Facebook. The social media giants own some of the biggest social media platforms in the world, such as Instagram and WhatsApp. With these in the arsenal, the company is perhaps the global leaders when it comes to providing content for the people of today.

The company has a market cap of just over 460 billion dollars, down a 120 plus billion after a very poor showing in Q2 of this year. This is due to the big privacy scandal the company was involved in along with the committee hearing of their CEO and chairman Mark Zuckerberg. The company is also plagued with multiple lawsuits and various other studies implicating … Read More