Meta reported that Facebook lost daily users for the first time in its 18-year history
Facebook lost daily users for the first time in its 18-year history, the platform’s parent company Meta reported Wednesday, which chief executive Mark Zuckerberg attributed to stiff competition from fast-growing rivals like TikTok
among young people. AFP via Getty ImagesFacebook lost around 500,000 daily users in the last three months of 2021, Meta’s quarterly earnings report revealed, falling from 1.93 billion logging in around the world each day to 1.929 billion.
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Facebook Loses Daily Active Users For The First Time – Here’s Where They're GoingI am a London-based reporter for Forbes covering breaking news. Previously, I have worked as a reporter for a specialist legal publication covering big data and as a freelance journalist and policy analyst covering science, tech and health. I have a master’s degree in Biological Natural Sciences and a master’s degree in the History and Philosophy of Science from the University of Cambridge. Follow me on Twitter theroberthart or email me at rhartforbes.com
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