Noted industry analyst and former consultant to major labels Bob Lefsetz is best known for his thoughts on the music industry, but he dabbles in other areas from time to time including social networking. The analyst recently noted that Facebook appears to be losing its appeal among younger users, which could certainly be a big problem over time, and now Lefsetz has set his sights on Twitter, which he says will soon be a thing of the past. “It’s toast. Over. Done. History. Soon to be as behind the curve as Facebook, someday completely forgotten like Friendster,” Lefsetz wrote in a recent Lefsetz Letter. He continued, “You see there are too many people on the service. As a result, very few are heard.
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