[deleted]

Comments

• meowmeow@quokk.au ⁨3⁩ ⁨weeks⁩ ago

  3.58 to 3.56 is not loss.

  source

  • fartsparkles@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

    They had previously been growing around 40 million to 60 million active users a quarter.

    With this first quarter of minus 20 million active users, it very well could indicate that the Facebook growth engine is over.

    Ultimately we’ll need to see how the next few Qs work out.

    source
  • starik@lemmy.zip ⁨3⁩ ⁨weeks⁩ ago

    The first time it ever declined.

    source
  • deegeese@sopuli.xyz ⁨3⁩ ⁨weeks⁩ ago

    They’re losing rich country users faster that they’re picking up developing country users of lower ARPU.

    Therefore expect revenue to decline, at the same time they’re spending buckets chasing AI as the next pivot.

    They spent $billions on the last pivot and even renamed the company after it, but all their spending on the metaverse amounted to 💩

    source

    • meowmeow@quokk.au ⁨3⁩ ⁨weeks⁩ ago

      And yet they still have lots of money and users. I want them to disappear as much as the average Lemmy user, but let’s not delude ourselves.

      source
  • Jambalaya@lemmy.zip ⁨3⁩ ⁨weeks⁩ ago

    20 million is still a big number

    source

    • meowmeow@quokk.au ⁨3⁩ ⁨weeks⁩ ago

      You’re not wrong, but these people didn’t close their account manually. They’ll be back.

      source
• LiveLM@lemmy.zip ⁨3⁩ ⁨weeks⁩ ago

  I just hope whatever happens doesn’t take the Meta Quest headsets with it.
  They are the cheapest available, and really the only affordables one in my country…

  source
• schnurrito@discuss.tchncs.de ⁨3⁩ ⁨weeks⁩ ago

  The main question I have is this: is it going to be replaced by something better (such as federated services)?

  Or will this just mean the Internet as a whole will lose lots of users? That, I think, wouldn’t be desirable. Whatever one may think of Meta, they’ve definitely done a lot to popularize the Internet as a mainstream technology, which by itself is a good thing, though if they use Meta platforms, it ought to be only the first step.

  source
• belated_frog_pants@beehaw.org ⁨3⁩ ⁨weeks⁩ ago

  200 million out of 3.x billion isnt a huge loss in the scheme of things. They could do that blocking a single botfarm.

  The debt however is the bigger one if they cant make payments when it comes due on $60 billion.

  source