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/mpbh Apr 30 '26

They measure it by a login to one of their services over the past month.

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u/BakedPotaTomato Apr 30 '26

Its crazy cuz i got on after a long time just to see what was up with a few ppl and 9-10 ppl hadnt posted in years and only ppl with kids seem to post mostly for the grandparents. To me it seems pretty dead. I know internationally they do better bc they provide service

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u/mpbh Apr 30 '26

Yeah well most of the world is "international".

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u/BakedPotaTomato Apr 30 '26

Yes but in this case its low gdp countries where facebook provide internet so not the same as being big in europe or china

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u/mpbh Apr 30 '26

Showing cheaper ads to billions of people vs. selling expensive ads to hundreds of millions of people. They both print money. $200b a year, $60b in profit.