Interesting post by M.G. Siegler:

Reading over the coverage of F8 this week, one thing is clear: Facebook the social network isn’t very interesting anymore. I think we’re on the other side of its peak, even if we can’t perceive that just yet. The interesting parts of Facebook are now Messenger, Instagram, WhatsApp, and Oculus.

They are slowly becoming Facebook. A federation of products, not the social networking stream.

I think we’ll look back and believe that Facebook, like Apple, is a company that did a great job disrupting itself before others could. And they did it all through smart acquisitions — people forget that even Messenger was an acquisition way back when. Just imagine if they had been able to buy Snapchat as well…