What is the popularity of existing social networks such as Twitter and Facebook?

In the effort to keep up with the latest technology and trends, business and organizations alike are trying to find new ways to reach out to the online (internet) community.
In this day in age, “Are you on facebook?” and “Do you twitter?” are common questions you ask when you meet someone for the first time.
After establishing ourselves in the ever expanding world wide web, what will the next big thing be?
Only time will tell!
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