Helping to share the web since 1996


 For the First Time in 17 years Facebook Total User Base Dropped

According to the Quarterly Report Released by Meta, Facebook lost half a million (about 5 million) Global Daily Users in the Fourth Quarter of 2021 on a Quarterly Basis. Facebook was started in 2004. This is the first time since 2004 that there has been a decline in its Daily Active Users (DAU). The company’s profits have also declined during this period.

According to the report of Meta, user growth for WhatsApp and Instagram was also negligible. 2021 has also been surrounded by many controversies for Meta. Last year there were many big revelations about his policy. This was the reason that for the first time in 17 years, both the users and income of Facebook saw a decline.

Meta’s quarterly financial results said the company’s performance was below analysts’ expectations. The number of daily active global users of Facebook has come down to 1.929 billion from 1.930 billion a quarter ago. In addition, other meta apps like WhatsApp and Instagram also saw very low user growth.

 

According to the report of The Verge, Meta has suffered the most in daily active users in North America. That is, the users of North America are the most included in the 5 lakh users that have decreased worldwide. 

 

Mark Zuckerberg has also blamed Apple for falling short of earnings expectations. Meta says that Apple’s privacy policy changes have made it difficult to target users for ads on Facebook and Instagram’s platforms. The company has also cited losses from Tiktok and Google’s YouTube.

 

The Company Lost About $ 200 Billion

Meta reported earnings of $10.3 billion in the December quarter. During this period, the company’s sales have increased to $ 33.67 billion from $ 28.1 billion a year ago. However, looking at earnings per share, it has come down from $3.88 a year ago to $3.67. On Wednesday, the valuation of Meta caused a loss of about $ 200 billion). Meta shares fell 22.9% to $249.05 in after-hours trading.

 

Meta Surrounded by Two  Many Controversies in 2021

 

  1. Wrong Post Related To The Pandemic Went Viral

The company promoted several fake profiles related to the Covid-19 Pandemic and vaccination on Facebook and Instagram. Due to this, 3 lakh 70 thousand followers of these profiles were made last year.

 

Newsguard has done this research related to Facebook. This is an organization that monitors fake news, hate speech, and inflammatory content coming on the Internet. It was tracking 20 accounts, pages and groups. In the groups promoted by Facebook on its different platforms, there was talk of killing children in the name of experiment.

 

  1. Human Trafficking Happening Through Facebook’s Trade Tool

Facebook whistleblower Frances Haugen made a new disclosure in a statement to the Securities and Exchange Commission, saying that even today, if you search for ‘khadima’ or ‘meds’ in Arabic on Facebook, the age and photos of African and South Asian women will be based on the price. Listed together. Any user can hire them according to their choice.

 

Facebook has told the Associated Press that cases of exploitation of foreign workers in the Middle East are constantly coming to the fore. We are taking this problem seriously. We have been battling the problem of human trafficking on our platform for many years.

 

«

»

Back to news headlines