Are Facebook, MySpace And Open Social Networks Dead?

The rise of gated social networks, where you need a

The rise of gated social networks, where you need a “key” or invitation to get in, is throwing doubts on the future of Facebook and MySpace. The opening of these social networks to advertising, the commercialization of the audience’s personal data and relationships, is leading to a big exodus of people, at least the folks I know who have been on Facebook for a long time.

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