02-02-2022, 11:38 PM
(02-02-2022, 10:39 PM)stockguru Wrote: Facebook’s global daily active users declined from the previous quarter for the first time, to 1.929 billion from 1.930 billion.
So this warrants an 80 point drop lol. Come on FB just buy Tick Tock lol
Here is the question for you facebook believers.
Which of you use facebook daily anymore? I feel like facebook has been on it's way out, at least in it's current state, for a while now. Too many issues with privacy, confidentiality etc. Long gone are the days you could use their services without giving up all your details, including phone numbers etc. You are the product, everyone knows this, but finally more and more people are actually understanding it.
Facebook was cool. Then it wasn't.
Then they bought tons of other interesting companies. Whatsapp was the best thing since sliced bread, until FB bought it and the privacy went to zero. It'll take years and years, but I will argue that in 2030 whatsapp is no longer the #1 instant messaging tool in the western world. Instagram, I believe, is and will be a success story.
While that ticktock thing might have been said partly as a joke, it is what they need to do. Big acquisitions are their default expansion plan. The issue is that the regulators won't let them keep doing it anymore.