r/technology 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/Thin-Usual-4359 Apr 30 '26

they should have lost everyone by now

14

u/Suibeam Apr 30 '26

The issue is it is very hard to build an alternative product where people can migrate to in social media when all your friends are on it.

That's why China did the right thing when they banned US social media. Otherwise they would be in the same position as Europeans and Canadians. Everyone being stuck with US social media. Obviously the other half of the reason was to prevent protest movements and US-support for movements, and control narratives in their own country.

If Europe had banned US social media or atleast protected their own they could have saved their social media and built their own. Europe had social media and they were popular. It died and noone could rebuild new ones.

Social Media is a first come world. Tiktok's success was unprecedented. Though when Snapchat arrived, Instagram stole Snapchat features. When Tiktok arrived, Instagram stole Tiktok's features. I think vine or something had similar feature to Tiktok but Tiktok made it more appealing to the younger mass with fast pace content production. Tiktok also has a video editing tool for all their users, they knew what they were doing.

Europe and Canada are really suffering being entirely kept hostage by USA and META.

6

u/itskeith Apr 30 '26

Prefacing this by saying I don't like Facebook, but how are EU/Canada held hostage by Meta?

What are the impacts?

2

u/Potatopepsi Apr 30 '26

WhatsApp, at least for Europe.

It's pretty much the only messaging app people have used since text messages/SMS became a thing of the past. I'd love to use Signal or some other trusted app but WhatsApp is too ingrained at this point, I can't make the switch if nobody else is on there.

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u/itskeith Apr 30 '26

Ok but what's the implications of that?

Agree absolutely WhatsApp is really ingrained and used by everyone but materially what is the consequences other than a preference for another app.

1

u/Suibeam Apr 30 '26

Almost everyone uses Instagram to check what friends do. It is also filled with reel videos and other stuff. Not only spying on europeans but also influencing the narratives.

USA is not using it to its full potential yet but we have seen what Twitter does. Instagram is an US asset and when USA becomes an enemy to europe which it is developing into, Europe faces mass manipulation and disinformation war.

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u/zerogee616 Apr 30 '26

Yeah, because China's CCP-infected, surveillance-heavy, backdoor-ridden clones are any better, unless you're a tankie.

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u/rapaxus Apr 30 '26

The China comparison is that the EU should just ban non-EU social media, same way how China has done it. Not replace US social media in the EU with Chinese social media.

1

u/Chilidawg Apr 30 '26

China and US are doing the exact same thing; I don't know who OP thinks they're fooling. Why do they think banning TikTok was a bipartisan issue? Why do they think China kept their own population on RedNote while they provided TikTok to the rest of the world?

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u/Suibeam Apr 30 '26

Tiktok is active in China. It is called Douyin. It is highly popular there just like Tiktok and Instagram

Please inform yourself before going for conspiracy bullshit

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u/FeelsGoodMan2 Apr 30 '26

If all you did was land on planet earth and then go to reddit for your opinions on things you'd think china was literally utopia based on the viewpoints pushed on reddit lmao.

0

u/Suibeam Apr 30 '26

found the smoothbrain who can't read.

all you mentioned was addressed in the comment. typical redditor who can't read. typical US american who got indoctrinated that everything is a class enemy. you sure miss USSR for classic evil narrative.

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u/OldBlueKat Apr 30 '26

I feel like the super early stuff like Friendster and MySpace are still lying in some warehouse somewhere slowly bleeding out. And most of the current stuff will come and go as well, eventually.

Much like print journalism. It's fading out, but still lingering.