Social media is part of the long planned construction of the trans-nationlist, Euro-Kharzarians' all encompassing world wide information and surveillance control grid.

 A logical extension, inevitable evolution, and planned transcendence of their now obsolete, informational / propaganda control grids (newspapers, television, radio, and Hollywood) they established more than seventy years ago in their Amerikan colony. 

Along with their more recent, still viable, communications surveillance control grids they established more than forty years ago.

It's how Euro-Kharzarians manage the societies they parasitize. 

Their various think-tanks and certain select institutions they've established for this purpose identify developing control grid opportunities by using their unlimited access to the financial, technological, and black-mail material they've already stolen from their current control grids

Than the central banks they own and manage produce the necessary fiat debt notes to make these acquisitions, and build newer, better, more invasive, and even more powerful control grids

Many social media companies were financed, through the back-door, by a variety of various hidden financial transmission mechanisms, receiving hundreds of billions in uncountable Fed fiat-debt-notes, all digitally created out of thin air.

The social media companies "business models" are completely fraudulent, the numbers they cite consist of  fantasies created by web statistics they select and/or fabricate at will.

Their "revenue models" don't exist in the real world, only as electronic financial fictions.

Most of these companies are either controlled and/or owned by Euro-Kharzarians, and through them, various, mostly foreign, Euro-Kharzarian Bankster families. 

They attempted to impose a fantasy world, a matrix to contain everyone's mind, one they'd be able to constantly fine-tune for any contingency.  An unreal world where anything and  everything could be created, measured, digitized, and controlled with the same ease they now produce their digitized fiat debt notes. 

A world that would make their plugged in goyum-slaves even more utterly oblivious, or at least more subservient, to their Bankster imposed slavery than the current system of corporate run mass-media

They failed totally.  The web unexpectedly grew exponentially, and wildly, beyond their means to control it.

Transforming magically into the epitome of a "free market place of ideas", completely  destroying their plans.

An irritating obstacle to their collective desires for world wide control.  One which they intend to remove soon....by any means necessary - mpg