Facebook says that for the first time last year, the number of its users dropped sharply to one million daily users, affecting the company's shares and causing a loss of up to $200 billion.
According to analysts, despite Facebook expanding the company's scope to include meta and hardware research, investors have not shown much interest in it. Apart from this, the graph of other apps of the meta company WhatsApp and Instagram has not gone up much.
But in North America, Facebook loses one million users a day, and this is where Facebook used to make extraordinary money in terms of advertising. In the third and fourth quarters of 2021, this trend was very noticeable, which shows that the interest of the younger generation in Facebook is decreasing.
But Meta continues to make financial profits from other sectors and made $40 billion last year. But the biggest blow has come to virtual reality hardware, including VR headsets, VR software and other related devices. Thus, the entire hardware division has incurred a total loss of ten billion dollars.
On the other hand, the growing popularity of TikTok has attracted the younger generation. There are also a number of lawsuits against Facebook in the United States and Europe.
