Every year, it seems many of us wait for the list to see which companies will make it on to the Fortune 500. Well now, a few of those companies have joined a new list. The Facebook 50. The new group was created by The Big Money, an online magazine focusing on the important aspects of economics and money. The list covers to top ranking companies who are using Facebook to the best of their advantage.
Many have questioned The Big Money, because besides Facebook, there are plenty of other social media platforms companies are using, Twitter for example. However the website explains, “social media is highly fickle; there is some reason to think that as soon as a site becomes an effective platform for corporate promotion, its irrelevance is imminent. That could still happen to Facebook, and in the last several months Twitter has gained a lot of momentum and millions of users. For now, however, Facebook still offers several advantages over its rivals: size, return usage, and the depth and variety of what companies can do.” (more…)