Skip to content
Advertisement
When Appliance Fail?

Meta lost 20 million users last quarter

Meta is planning to pump billions more into AI investments this year, despite noting that millions of users have seemingly started to abandon its platforms. In an earning call on Wednesday, Meta reported that figures for "Family daily active people"...

schedule 11:38 visibility 87 views
Meta lost 20 million users last quarter
Source: The Verge
Vector illustration of the Meta logo.

Meta is planning to pump billions more into AI investments this year, despite noting that millions of users have seemingly started to abandon its platforms. In an earning call on Wednesday, Meta reported that figures for "Family daily active people" - the term Meta has coined for all collective users of Facebook, Instagram, WhatsApp, or Messenger - declined by 20 million this quarter compared to the previous three months.

Meta attributes this fall to "internet disruptions in Iran, as well as a restriction on access to WhatsApp in Russia." It's up to you whether you take Meta on its word, given that by bundling the user stats together across …

Read the full story at The Verge.

newspaper

Originally published at

The Verge

open_in_new Read Full Article

Related Articles

It’s time to find a new browser
Technology

It’s time to find a new browser

Hi, friends! Welcome to Installer No. 149, your guide to the best and Verge-iest stuff in the world. (If you're new here, welcome, happy It Actually Feels Like Fall Now At Least In My Neighborhood), and also you can read all the old editions at the...

The Verge

Read More

Your Appliance Broke?
Reliable Repair for