What are Facebook plans for its dying flagship

Jul 4, 2021 32 Comments

Maybe metrics are beaming and Facebook today is cashing in more money than ever, but anybody with a minimum vision should see Facebook is dead for the upcoming generations. It has become an old folks and 3rd world social network.

What are the plans internally? Focus on IG and bet heavily in ARVR?
#facebook

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TOP 32 Comments
  • Google
    bill:bezos

    Go to company page Google

    BIO
    blind is not anonymous. they sell.your identity
    bill:bezos
    Costlier acquisitions are the way to go.

    They bought Instagram for $1 billion. I don't think that sort of deals are possible anymore. Any new social media that they try to acquire would cost them100+ billion from now on.

    Although I can't seem to understand how FBs profit margin are increasing yoy. I follow pages on Facebook that have 85m subscribers and some of their posts get a miserly 40k likes. 8 or 9 years ago it used to get 1 million likes with half the amount of subs they have now

    A lot of people in Africa and Asia use FB but their cost per click is very cheap and FB somehow breaking profit record every year. Magic๐Ÿช„
    Jul 4, 2021 11
  • Oracle
    LarrysDad

    Go to company page Oracle

    LarrysDad
    IG will be their main bread winner for a long time to come in the US. FB is still heavily used in third world countries but I see their use declining in my millennial social circles here in the US.

    I find LinkedIn much more interesting as a social network these days because I get to see accurate job histories of everyone in my network. Whereas I find that my connections on Facebook don't bother updating their job histories or life info at all. In fact, many of my millennial Facebook connections who used to post daily now only post once in several months, which is a clear sign of a decline in platform engagement.

    I don't think Oculus will save FB because VR will remain a niche for a long time due to its UX problem and low pixel density problem.

    I know FB Dating is already a thing but I think it should be pivoted to an international dating site catering to people from developed countries who want to date people in developing countries, like a less sketchy "mail order bride" type dating site, for lack of a better description.
    Jul 4, 2021 4
  • Troll post.
    Whatโ€™s next Microsoft is a failure?
    Jul 4, 2021 1
  • Google
    W2cuck

    Go to company page Google

    W2cuck
    Are you talking about the blue app? This observation was interesting like 10 years ago
    Jul 4, 2021 1
  • Convert IG to TikTok and show more ads
    Jul 4, 2021 6