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Facebook loses users for the first time

washingtonpost.com

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Re: Facebook loses users for the first time

#471

Post by danans »

baobabKoodaa wrote: post #388
sujesh wrote: 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.

Was your page full of actual hate speech such as "exterminate the jews" or was it full of "hate speech" such as criticizing politicians who happen to be minorities? Same question regarding fake news: was your page full of actual fake news suh as "Elon Musk has died", or was it full of political speech you don't like, such as "wearing masks is not worth the inconvenience"?

Your definition of hate speech is irrelevant. Whatever the GP saw was enough for them that they made a decision to remove their personal exposure, which is their right. They aren't censoring you or anyone else by making that choice.

Re: Facebook loses users for the first time

#472

Post by lordnacho »

Calist0 wrote: post #237
didip wrote: post #31

Stock dropped by 22% as well.

Yes, unfortunately I bought in 2 days ago. The market is irrational. Facebook literally missed its projections by 3% and loses 0.15% of its active users (mostly due to things opening up) and investors panic. Good time to buy in.

Expectations were that it would do like the other internet giants and beat by miles. Yes it's weird that the expectations are not just their own performance, but that's often how the market works.

Re: Facebook loses users for the first time

#474

Post by mikevm »

baobabKoodaa wrote: post #406
baobabKoodaa wrote: post #388

Earlier quoted context omitted.

Was your page full of actual hate speech such as "exterminate the jews" or was it full of "hate speech" such as criticizing politicians who happen to be minorities? Same question regarding fake news: was your page full of actual fake news suh as "Elon Musk has died", or was it full of political speech you don't like, such as "wearing masks is not worth the inconvenience"?

Quoted post unavailable.

No post body was provided.

Re: Facebook loses users for the first time

#475

Post by mise_en_place »

winternett wrote: post #440
sujesh wrote: 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.

At least the account blocking features still works for users, unlike with youTube and Twitter. The UI is more and more horrid though on FB and Instagram with every update. My ability to do the most simple things is extremely frustrating, and I don't understand how they believe those changes help to inspire deeper engagement, It's getting really difficult to see any value in either platform as they shrink organic enga…

Totally agree with your criticism of the UI and news feed. I rarely use Facebook to begin with, but I noticed a major decrease in user experience and usability as of late.

Infinite scroll is just...laggy. I don't have this issue on Tiktok (which to be fair I also don't use often). The news feed used to be curated for me specifically, but now it seems to be the same recycled content I see on YouTube recommendations.

I don't want to see the same sh*t over and over again, show me something unique and new.

Re: Facebook loses users for the first time

#476

Post by ByThyGrace »

elwell wrote: post #157
petilon wrote: post #132

Earlier quoted context omitted.

But they use Instagram instead. Either way Zuck wins.

Facebook is for old people. Instagram is for moderately old people. Snapchat is for moderately young people. TikTok is for young people.

Whenever I see this "social network per age group" depiction, Twitter is never mentioned. I wonder why.

Re: Facebook loses users for the first time

#477

Post by baobabKoodaa »

danans wrote: post #471
baobabKoodaa wrote: post #388

Earlier quoted context omitted.

Was your page full of actual hate speech such as "exterminate the jews" or was it full of "hate speech" such as criticizing politicians who happen to be minorities? Same question regarding fake news: was your page full of actual fake news suh as "Elon Musk has died", or was it full of political speech you don't like, such as "wearing masks is not worth the inconvenience"?

Your definition of hate speech is irrelevant. Whatever the GP saw was enough for them that they made a decision to remove their personal exposure, which is their right. They aren't censoring you or anyone else by making that choice.

Sure. And if GP genuinely believes that what they saw was actual hate speech and fake news, they may (or may not) feel like they want to explain that yes it actually was that. At least that's how I usually respond when I see outrageous lies being spread.

Re: Facebook loses users for the first time

#478

Post by manquer »

Calist0 wrote: post #220
manquer wrote: post #174

Earlier quoted context omitted.

The revenue guidance for next quarter is not very great either, so given the user numbers ARPU is not growing

They're still growing year-over-year. They were just off their target in the last quarter by 3%. They're valued at $3.67 per share versus the $3.78 expected. Their stock literally dropped ~25% because they were only 3% off expected earnings. And lost 0.15% active users, which is expected as the world opens up again. I don't see what the big deal is. The market is overreacting.

Post close trading can be swing by a lot. The reaction I think is not because that they are off by 3%, the future growth looks only to be pretty dull , perhaps also why FB is making such huge gamble on VR.

The high P/E big tech companies enjoy is on basis of the implicit expectation to keep growing fast[1], if that on confidence on growth is no longer there, then price will reflect closer to a more traditional tech stock.

Tesla trades at P/E of 185x, Amazon - 58x, Microsoft - 35x, Google - 29x and FB - 23x[2]. I think it accurately reflects the market expectation of their respective future growth.

---

[1] Same reason Tesla is valued so high despite relatively modest revenue, the expectation is massive growth on the back of their lead in the space and the accelerating shift towards EV.

[2] SAP, IBM, ORCL all trade in the same range today.

Re: Facebook loses users for the first time

#479

Post by laumars »

baobabKoodaa wrote: post #388
sujesh wrote: 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.

Was your page full of actual hate speech such as "exterminate the jews" or was it full of "hate speech" such as criticizing politicians who happen to be minorities? Same question regarding fake news: was your page full of actual fake news suh as "Elon Musk has died", or was it full of political speech you don't like, such as "wearing masks is not worth the inconvenience"?

Unfortunately most of the arguments against wearing masks are petty and bullshit given that the inconvenience of wearing one is insignificant for most people.

Sure, if you have genuine health concerns wearing one then don’t. But most of the people that moaned about it were really just moaning about being told what to do.

I had one mum in my kids school quoting the Magna Carta as a reason not to wear masks, which is simply ridiculous. And others claim that long term use of thermometers could be damaging to kids health, which completely misses the fact that such devices are entirely passive instruments.

That was the point I quit Facebook. I realised my time was too valuable to read so much stupid.

Re: Facebook loses users for the first time

#480

Post by nightgarden »

spideymans wrote: post #384
feupan wrote: post #344

Earlier quoted context omitted.

The decline is only one-sided. Facebook down, TikTok up. The mean amount of social network users is not declining at all.

TikTok is essentially a mobile-first reincarnation of YouTube. I’ve yet to see any users use it to socialize with friends and family they know in real life. I’m hesitant to call it a “social network” when there’s little to no socializing there in the first place

It's still a social media network. People socialise there with the broader world. And socialising with friends and family may be passé for young people nowadays.
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