It's hard to believe that social media has emerged as such an expansive ecosystem in just the last 10 years.
The incredible growth of this social media universe can be largely attributed to the success of Facebook, which has recently hit two billion active users globally. But, of course, there are many other platforms that have helped to build the foundation as well – names like YouTube, Messenger, WhatsApp, LinkedIn, Reddit, Twitter, Snapchat, and Instagram all create a powerful base for new apps and add-ons to plug into.
As of today, entrepreneurs have been able to use this foundation to build out new branches to the social media universe that are both exciting and diverse. The apps in these niches help to facilitate workplace collaboration, live events, dating, networking, user reviews, location-based marketing, livestreaming, expert Q&As, and many other functions – and the ecosystem continues to expand and multiply by the day. [click here to enlarge infographic]
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The US has also pursued a series of World Trade Organisation (WTO) rule changes intended to force China to end "unfair" trading practices."We are working closely with the US and Japan, as well as China and others, on reforming the WTO and creating a level playing field," Juncker said. "This can only be done with the G20 as a core group."
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