Facebook has finally turned a profit, and can boast 300 million users—and it may be on its way out. The web has seen dozens of social networking sites come, gain buzz, get huge, and then implode or mutate as users looked for the next big thing—remember Friendster, Livejournal, and MySpace? Now, some see the vultures circling Facebook, the Washington Post reports. At this point, unfriending people is hipper than friending them.
Some think Facebook could avoid that fate based on its sheer size; the site continues to grow faster than ever. But its fastest-growing segment is the over-55 crowd, and among other users, ennui has set in. “Facebook as a social networking website is not dead,” says one communications tech researcher. “Facebook as the cool new thing” is. (Read more Facebook stories.)