Meta shares drop 20% on Q4 earnings miss, weak outlook - https://news.ycombinator.com/item?id=30185214 - Feb 2022 (436 comments)
Facebook loses users for the first time
321–330 of 1001 posts
Re: Facebook loses users for the first time
#322I think they lost users much much earlier. It's just that most users they lost went from "I use Facebook" to "I don't want to use Facebook, but kinds still have to" (because friends, family etc.). All people below 40y I know which have Facebook fall more or less in the second category...
I fall into a 3rd category: I used to log into FB once a month or so to check in. For some reason, they decided I was a fake account (despite working for them for 4.5 years) and asked for my ID. The resolution on my 10-year-old MBP was too low for FB's contractors so they rejected my ID 3 times and I seem to now be locked out of my account indefinitely. Definitely in the top 10 best thing to ever happen to me.
Re: Facebook loses users for the first time
#323Re: Facebook loses users for the first time
#324I feel like all of the Metaverse stuff we've heard over the last few months was in preparation to try and distract/deflect from this.
Re: Facebook loses users for the first time
#325I stopped using Facebook a few years ago, when it was mainly for a few topic focused groups. I wish there were a way to download all the group posts and comments (or at least the ones I participated in) in some kind of an open text based format I can store locally and refer to. If you know of any such tools, please share.
There’s so much information locked into the platform, and with no way for search engines to index and no easy way to even lookup information within it (Facebook search has always sucked), it’s a huge loss.
Re: Facebook loses users for the first time
#326Re: Facebook loses users for the first time
#327Re: Facebook loses users for the first time
#328My 16yo daughter says FB is for old people and nobody in her age group is using it.
Re: Facebook loses users for the first time
#329Facebook suspended the official washington state republican group multiple times for posts, they finally moved over to mewe. Facebook is a shadow of what it use to be after running off everyone.
> Facebook is a shadow of what it use to be after running off everyone. Yes, everyone ran off, leaving only 1.9B subscribers.
Re: Facebook loses users for the first time
#330Peak coffee consumption (per capita/US): 1946 Peak cigarette consumption (per capita/US): 1963 Peak oil production (global): unknown, maybe 2020-2030 Peak Facebook: ?? That's an incomplete peer group, but I find it interesting that at some point, society does start to unplug from addictive substances. The tapering off is quite slow, though. Unclear whether heavy users cut back, or new generations just don't develop t…
We reached peak coffee long ago!? Sad news indeed