I think so Business is also a part of social life.and social media is also part of life now . becuse we know all viral thing AND viral topic from social media . and we also use social media for share something./ so social media is now part of our life.It's precisely socializing that is their primary business. People go to social media to interact with a larger group. They're there for communicating with friends and loved each other dont effect who is whare .The impact of social media on businesses, both positive and negative, is immense. Either you are a startup or a small business, whether you are an online store or an enterprise, social media is vital for your business marketing strategy.Social media has greatly transformed the business landscape.So I think social media is now becoming more a place for business than socializing.