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Social media has been with us for over a decade now. It hit the public consciousness when MySpace started to steal teenagers attention after it was launched in 2003. MySpace even surpassed Google as the most trafficked website in the USA in 2006. At its zenith it had 1,600 employees and was generating $800 million in revenue. But nothing is forever. In 2008 Facebook (which was founded in 2004) took the crown as the top social networking site as its unique visitor numbers exceeded MySpace for the first time.
