First time FB losing users QOQ. Why do you think this is happening? TC: 445k YOE: 10
Young people don’t use fb anymore and older users churning out.
it’s a shit platform lmao
You forgot the option about leaning heavily to one side, politically. Suppressing news they don’t want you to hear. Being the thought police, etc.
FB is well known and constantly criticized for doing very little to suppress misinformation. FB was instrumental in getting Trump elected via a barrage of fake news spread by Russian campaigns. They’re literally the opposite of what you described. They don’t take sides easily and they don’t suppress much.
See Reddit, that’s your opinion because you use mainstream media and Big Tech social media. Want to know the truth? Want to hear about every person censored or banned? Even sitting US Congressmen (and a Congresswoman too)? Join Gab.
(+) Antisocial behavior during the pandemic. Here’s my take. People aren’t seeing other people during the pandemic. Out of sight means out of mind. Gathering together actually encourages people to stay in touch and build new contacts (even if they’re superficial).
FB just sucks. Best place to get promo though
The worrying thing is they have given up and moved onto metaverse. So it means leadership doesn't see a way to stop the trend
Companies that trade on high multiples can’t just sit idly and be content with their revenue stream. Look at Tesla: they could have been perfectly content with building EVs but that won’t justify their stock price. They have to do humanoids and FSD to keep investors happy. Same with Meta. The metaverse is a dream they’re trying to sell and convince us that their virtual reality is what everyone will want in their lives.
The rebrand was a distraction to wall street to say hey look at this shiny thing, build a narrative and sell our stocks. Clearly somewhere something went wrong
This is wake-up call to start monetizing WhatsApp
just start monetizing and you'll see , people uninstalling WhatsApp too.
Finally someone used "losing" correcly
Their user base is dying of old age