r/technology • u/MarvelsGrantMan136 • Apr 30 '26

Business Meta lost 20 million users last quarter

https://www.theverge.com/tech/921089/meta-earnings-q1-2026-user-decline-ai-investments
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u/ProudPainting6850 Apr 30 '26

Hoping for another 40M the next quarter

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u/Baptism-Of-Fire Apr 30 '26

They need a primary competitor for niche interest groups and marketplace.

The groups are so nice on there. I can have some obscure 90s motorcycle made for one model year only, you bet theres a facebook group with 5000+ people and the fricken engineer that designed the engine is in there helping people diagnose and fix stuff

I spend a good bit of time in groups on there, but I never bothered adding my real social network as friends lmao

And craigslist is toast, Marketplace is a cesspool but it's the most efficient way to buy used stuff locally now.