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Is Facebook Becoming Social Media's Retirement Home?
www.forbes.com ^ | Mar 8, 2019, 07:30am | Niall McCarthy

Posted on 03/08/2019 6:09:51 AM PST by Red Badger

Could it be that Facebook is turning into social media's retirement home? Although that question might seem a little bit far-fetched, young people are leaving the social network in droves while increasing numbers of over-55s are signing up. In general, Facebook is struggling to retain its user base and today the social network has an estimated 15 million fewer users in the U.S. than it did in 2017. That's according to data released on Wednesday by Edison Research which shows that 67% of the population aged over 12 used Facebook in 2017, a figure that stands at 61% today.

Young people are at the center of the exodus while increasing numbers of over-55s are signing up. Back in 2017, Edison Research found that 79% of the coveted 12 to 34-year -old demographic used Facebook and that share now fallen to 62%. The user share in the 35-54 age bracket stood at 72% in 2017 and that fell to 69% in 2018 and remained that way in 2019. The data also shows that the share of people aged 55+ using Facebook grew from 49% to 53% between 2017 and 2019. No wonder all those teenagers were complaining about friend requests from parents, aunts and uncles.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Culture/Society; Government; US: California
KEYWORDS: facebook; fb; zuckerberg
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1 posted on 03/08/2019 6:09:52 AM PST by Red Badger
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To: Red Badger

It’s called ‘GRANNY BOOK’ by the youts...................


2 posted on 03/08/2019 6:10:49 AM PST by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: Red Badger

I have 3 kids. 24, 22, 20. None have ever had a Facebook account.

Instagram and Snapchat.


3 posted on 03/08/2019 6:11:36 AM PST by ConservativeWarrior (Fall down 7 times, stand up 8. - Japanese proverb)
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To: Red Badger

Young people aren’t on to begin with. My 21 year old son was on a lot when he was in high school. My 18 and 17 year old have never used it once. Don’t even have accounts. Snap Chat and Instagram are what they use.


4 posted on 03/08/2019 6:12:06 AM PST by TangledUpInBlue
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To: Red Badger

“GrandPads”...


5 posted on 03/08/2019 6:13:02 AM PST by Openurmind
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To: Red Badger

I’d probably move over to Fakebook if I could break free of MySpace.

(just kidding)


6 posted on 03/08/2019 6:13:42 AM PST by moovova
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To: Drew68

For your interest.


7 posted on 03/08/2019 6:14:47 AM PST by KC_Lion (If you want on First Lady Melania's, Ivanka Trump's or Sarah Palin's Ping Lists, just let me know.)
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To: TangledUpInBlue; ConservativeWarrior

Great! Let’s make Zuckerberg poor again!...................

Closed my account two years ago, deleted everything I ever posted.....................


8 posted on 03/08/2019 6:15:27 AM PST by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: Red Badger

Yip.

The younguns do the instagrams and the snapchats.


9 posted on 03/08/2019 6:17:00 AM PST by chris37 (No wall? No vote.)
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To: moovova

We should ‘take-over’ MySpace as a CONSERVATIVE alternative to FB.....................


10 posted on 03/08/2019 6:17:09 AM PST by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: Red Badger

It was kind of fun in 2008 & 2009.
Facebook killed itself with stupid changes, spying and suppression.


11 posted on 03/08/2019 6:17:24 AM PST by Tigercap
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To: ConservativeWarrior

In roughly four years, I think that a quarter of the current Facebook crowd will have gone away and closed out their accounts. At that point, Zuckerberg may try to sell the media to someone, in hopes of just walking away with some bucket of cash. For me now, I never post to Facebook, and I might look over at it maybe once a week.


12 posted on 03/08/2019 6:18:41 AM PST by pepsionice
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To: chris37; TangledUpInBlue; ConservativeWarrior

INSTAGRAM - Owned by FaceBook

https://en.wikipedia.org/wiki/Instagram

SNAPCHAT - Independent

https://en.wikipedia.org/wiki/Snapchat


13 posted on 03/08/2019 6:20:07 AM PST by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: Red Badger

Of course, that’s how them young whippersnappers talk to grandma and grandpa.

The kiddo’s won’t post anything remotely revealing fearing mom, dad and the rest of the clan will be lurking. More of a family and friends version of LinkedIn.


14 posted on 03/08/2019 6:20:08 AM PST by ImJustAnotherOkie (All I know is what I read in the papers.)
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To: Red Badger

I’ve never used any social media,and I have a very full social life. How is this possible?


15 posted on 03/08/2019 6:20:10 AM PST by Rennes Templar (Heaven has a wall and gates. Hell has open borders.)
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To: Red Badger

And the old people have 5 to 10 accounts as they keep forgetting how to log on.


16 posted on 03/08/2019 6:20:48 AM PST by for-q-clinton (This article needs a fact checked)
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To: Red Badger

Snapchat seems to be the thing with teens. It’s tougher to monitor what they are posting, but it does have a feature where you can track their location.


17 posted on 03/08/2019 6:21:09 AM PST by cdcdawg (A couple more election cycles and they won't even need vote fraud)
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To: Red Badger

Facebook = MySpace


18 posted on 03/08/2019 6:22:11 AM PST by 2banana (Were you)
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To: Rennes Templar

You live in a hive?...................


19 posted on 03/08/2019 6:24:01 AM PST by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: Red Badger

This only confirms what I have suspected for some time.

I’m old.


20 posted on 03/08/2019 6:24:52 AM PST by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit)
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