Facebook disappear?

Facebook will lose dominance as a major web company in less than a decade, Eric Jackson, founder of Ironfire Capital said Monday on CNBC's Squawk on the Street.

"In five to eight years they are going to disappear in the way that Yahoo has disappeared," Jackson said. "Yahoo is still making money, it's still profitable, still has 13,000 employees working for it, but it's 10 percent of the value that it was at the height of 2000. For all intents and purposes, it's disappeared."

Jackson said there have been three generations of web companies. . .

Facebook Will Disappear in 5 to 8 Years: Analyst

Albert Einstein once said that if the bees disappeared, "man would have only four years of life left".

Colony Collapse Disorder (CCD) occurs when a hive's inhabitants suddenly disappear, leaving only queens, eggs and a few immature workers, like so many apian Mary Celestes. The vanished bees are never found, but thought to die singly far from home. The parasites, wildlife and other bees that normally raid the honey and pollen left behind when a colony dies, refuse to go anywhere near the abandoned hives.

The alarm was first sounded last autumn, but has now hit half of all American states. The West Coast is thought to have lost 60 per cent of its commercial bee population, with 70 per cent missing on the East Coast.

CCD has since spread to Germany, Switzerland, Spain, Portugal, Italy and Greece. And last week John Chapple, one of London's biggest bee-keepers, announced that 23 of his 40 hives have been abruptly abandoned.

Other apiarists have recorded losses in Scotland, Wales and north-west England...

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