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Facebook loses users for the first time

washingtonpost.com

411–420 of 1001 posts

Re: Facebook loses users for the first time

#411
post #327

I deleted my FB a while ago and it truely helped my online mental health. The fb feed was full of false news and hate speech. I reported as much as I could but nothing happening. There wasn't any regulations and I felt more toxic on the contents. I am not gonna lie there was a positive side like knowing the news instantly but It's not worth it apparently.

I recently reported a hate speech targeted at Indian minority (not Muslim). The text literally had gen$c!d3 threats and other usual trigger words in it, and there were like copy paste of same post in thousands (probably a campaign). Facebook replied "does not violate their conditions blah blah".

I guess it very much depends on the minority in question, FB like the government only responds to "mi orities" with street veto or global muscle power.

Re: Facebook loses users for the first time

#413
post #271
post #226

Earlier quoted context omitted.

Trillion dollar tech giants are expected to GROW to justify their valuations. Look at the numbers alphabet and apple posted the last few days. Huge growth. Facebook is not only growing but much worse, shrinking. I’ve been bullish on FB from the ipo date but this seems like the beginning of the end unless the meta verse is out of this world

I've never really understood this MBA mentality because growth must stop at some point. There are only so many humans on earth. The expectation that a company can grow forever is impossible, at least until we find an alien planet with a population willing to sign up for Facebook.

It's not MBA mentality, it's stock investors mentality. I don't think Zuckerberg or any other executive is out there buying FB shares at $320. It's outsiders gambling on the continued growth.

Re: Facebook loses users for the first time

#414
post #403
post #357

The big reason behind losses was likely the iOS 14 tracking update. Right after it a ton of Facebook Advertisers groups on Facebook started complaining all of their carefully crafted campaigns were not producing revenue anymore. Targeting and regathering stopped making sales for advertisers and they quickly stopped spending on FB. The people who still spend are now doing videos as ads. Small advertisers were the cana…

Android has more market share.[0] Is there something intrinsic to FB ads that are significantly more successful for iOS users rather than Android users? Does FB cater their apps to iOS somehow more successfully, e.g Android users are more savvy and less likely to take to digital nudges? If that's not the case, then the 25% of market loss doesn't make sense to me -- are FB ads bulk purchases somehow, or are they by us…

iOS had higher ROI/ROAS. 2013 article [0]

[0] https://www.fastcompany.com/3020117/when-it-comes-to-faceboo...

Re: Facebook loses users for the first time

#415

Earlier quoted context omitted.

Does anyone else find this on the level of batshit crazy insane? Meta, are we really going to divest so far from the physical world that the a virtual reality is worth that much? I mean VR is realistically a video game. I just don't see it but I do see desperation from FB.

I think this pandemic has proved how sane the idea of a Metaverse would be. Imagine meeting someone online, dating or friendship, you put on a lightweight VR headset and get transported to a replicated NYC rooftop bar, where loads of people from around the world are sitting, drinking and chatting. Socializing with a date or a group of people at the comfort of your home, going on outings, inviting your friends to your…

I am now more convinced than before to short FB.

Re: Facebook loses users for the first time

#417
post #403
post #357

The big reason behind losses was likely the iOS 14 tracking update. Right after it a ton of Facebook Advertisers groups on Facebook started complaining all of their carefully crafted campaigns were not producing revenue anymore. Targeting and regathering stopped making sales for advertisers and they quickly stopped spending on FB. The people who still spend are now doing videos as ads. Small advertisers were the cana…

Android has more market share.[0] Is there something intrinsic to FB ads that are significantly more successful for iOS users rather than Android users? Does FB cater their apps to iOS somehow more successfully, e.g Android users are more savvy and less likely to take to digital nudges? If that's not the case, then the 25% of market loss doesn't make sense to me -- are FB ads bulk purchases somehow, or are they by us…

Device share by income is going to be a better proxy of importance to FB than overall global share.

Re: Facebook loses users for the first time

#418

Earlier quoted context omitted.

Except there are 2 major differences: 1. Even if FB isn't forced to divest their recent acquisitions, the regulatory environment will make it much more difficult to do the equivalent of buying Instagram in the future. 2. Any good ideas on how I can short "The Metaverse"? I still think the Metaverse is bullshit and will continue to be bullshit for the near future. The very first time I got on Facebook I was pretty ent…

The thing doesn’t even exist. It’s all just smoke and mirrors at this point. Not even that—where is the tech demo?

It came out a couple months ago.

https://www.oculus.com/horizon-worlds/

Re: Facebook loses users for the first time

#419

I 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 also wouldn't be surprised if FB is fudging those numbers and it's declining even with their fudging.

After inflating the video play numbers I don't put anything past FB.

Re: Facebook loses users for the first time

#420

My 16yo daughter says FB is for old people and nobody in her age group is using it.

If she uses Instagram she's using Facebook. If she has a Facebook account and goes anywhere on the web while she is logged in, she's giving money to Facebook. It is not so simple now. She doesn't have to "use" Facebook for them to monetize her image, her privacy, her network of friends. A company like Meta will always have new products to take in kids. That's what their new "Reels" is about, trying to compete with TikTok. They know that their old product is not cool. This is why they changed their name to "Meta"!

This is a battle you and your kids can't win unless your kids know how to identify when a nasty company is trying to steal their data. If your daughter thinks something else is cool, I bet that's another nasty company trying to steal her data instead of Facebook. Our society can't get out of this trap until your daughter says, "they all SUCK"

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