Posted on 03/04/2013 9:20:44 AM PST by upchuck
Facebook has made the startling admission that teenagers are becoming bored with the social networking giant.
Facing competition from younger, more agile and 'cooler' apps such as Snapchat and Instagram, Facebook fears its long-term business could be harmed.
And as Facebook approaches its tenth anniversary the firm published its annual 10-K report last month revealing that its younger users are increasingly turning away from the multi-billion dollar business.
Published last month, the annual company report states, 'We believe that some of our users, particularly our younger users, are aware of and actively engaging with other products and services similar to, or as a substitute for, Facebook.
'For example, we believe that some of our users have reduced their engagement with Facebook in favor of increased engagement with other products and services such as Instagram.
'In the event that our users increasingly engage with other products and services, we may experience a decline in user engagement and our business could be harmed.'
The sobering admission that they need to sharpen their public image comes as Facebook Director of Product Blake Ross announced in scathing terms why he was leaving the social networking powerhouse.
(Excerpt) Read more at dailymail.co.uk ...
Speak for yourself. I know my friends and relatives are very real. I went to a very small school from 1-12 grades. I went to school all 12 years with most of them. We knew just about everyone in the school. My graduating class had a grand total of 49. Then I went on to college with some. I took the local paper and back then, there were news articles about most of the others. I belong to a FB page about my hometown and learn even more about people I knew way back then. It is like walking through a memory trail seeing pictures of everyone from then up to the present. I also have friends who share the same political beliefs. A high school friend reminded me of my love for black/white saddle oxfords and bobby socks. Sure that dates me but so what. I am very proud of lving as long as I have but doubt if I will live as long as my mom who died just 3 months before her 103rd birthday in 07. I love keeping up with my friends from years ago. We have a bond that many only dream of. Who else can share the horror of our school burning or the deaths of classmates? We grew up in a different era and a different place. We miss that. It s a shame that you do not care about things in your life.
I am very close to my nieces and nephews and their children. Their children are close in age to my grandchildren and their kids are my great granddaughters ages. Since I only get down every few months, FB helps me keep up with them. I am very close to my nieces who are my daughter’s age. I love my family.
Read your comment about liking FB for the connections with friends from long ago. I can relate and I will add the BEST friends I have on FB are those who flew with my dad in Vietnam, or who are related to those who flew with him. Not only does FB allow me to stay connected with many friends, I stay connected with my dad who passed away last year. NOTHING like sharing memories, laughs, tears, pictures, etc.
Like I said, Facebook is evil.
Bump!
But are they mad enough to tell Zuckerberg to go scr!w off?
A "social media" program that progressives have used very effectively to help elect Baraq Obama twice while conservatives were asking what it was.
Unfortunately by ceding control of the internet to liberals (Facebook, Google/YouTube, Wikipedia, Yahoo, etc) we not only lost the 20 somethings but the 10 somethings who will be voting in the next decade.
This is a no brainer. They’re leaving to get away from their Parents.
“...leaving to get away from their Parents...”
This is 100% correct; that is what I tell people as well if the decline of Facebook is mentioned. My 15 year old says it’s not cool anymore and they all like instagram, twitter, and snap chat. Personally I never bothered with Facebook - too much obsession with pictures for my liking. It reminded me of a never ending annoying Christmas type news letter where people boast about their lives and only touch the surface,
What kind of people do you associate yourself with that makes Facebook so evil?
It s a shame that you do not care about things in your life.
Try not to be an emotional wacko regarding my general observations about young facebook users. Not “sharing” on facebook does not mean one does not have real time friends in life. Some people write letters and send pictures and share memories in other ways. Some even really SEE each other regularly.
I have had many young people crushed that their “friends” on Facebook - where they spend all their social effort and time - don’t act like real friends. That is because they are not real friends. They are virtual friends. Is that you? No. So get a grip.
If you did not have facebook, you would still find a way to keep in touch with your old friends because you are experienced, resourceful and care about the people you know. I’ve been here on free republic all this time and you aren’t my friend? I’m shocked and heartbroken. Actually, no, but some people confuse virtual life with real life. The Facebook social scene is a problem for those people.
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