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Facebook Slows Down


Probably the greatest thing that happened to mankind aside from fire is the creation of Facebook. Since its introduction, Facebook has become number one, overtaking even the likes of Google and Yahoo! With its well made Professional Web Design, it has fazed everyone with its uniqueness and style.


Not only is the widely known web famous, the creator as well, Mark Zuckerberg, whose image was behind the social phenomenon. He became the youngest billionaire which became a huge topic by many authors. Apparently Facebook members numbered 800 million by September 22, 2011.

With the huge success Facebook achieved, it is not enough to be somewhat divine, as somehow Facebook is brought down under with its first quarter-to-quarter revenue slide in at least two years, a sign that the social network's sizzling growth may be cooling as it prepares to go public in the biggest ever Internet IPO.


The company blamed the first-quarter decline, which surprised some on Wall Street, on seasonal advertising trends.

"It was a faster slowdown than we would have guessed," said Brian Wieser, an analyst with Pivotal Research Group.

"No matter how you slice it, for a company that is perceived as growing so rapidly, to slow so much on whatever basis - sequentially or annually - it will be somewhat concerning to investors if faced with a lofty valuation," Wieser said.

Facebook is preparing to raise at least $5 billion in an initial public offering that could value the world's largest social network at up to $100 billion.

Currently the company commissioned a Graphic Design Company to further its design.

Facebook also disclosed that it has agreed to pay Instagram $200 million if the company's recent deal to buy the Graphic Design Agency for about $1 billion does not go through.

The Graphic Design Agency would probably create more possibilities for Facebook as it prepares the social phenomenon for the stocks.