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As Facebook Grows ­p, Grand Ambitions Get Reality Check


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Facebook app

A smartphone user shows the Facebook application on his phone in the central Bosnian town of Zenica, in this photo illustration taken May 2, 2013.

Credit: Reuters/Dado Ruvic/Files

Facebook, which once seemed poised to take over the Internet, is showing its limitations: a host of newer services are gaining ground among trend-setting youth; a much-hyped smartphone app has received a tepid response; and grand ambitions such as taking on Google in the search business seem ever more fanciful.

From Reuters
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