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We're Watching Facebook Die (www.wheresyoured.at)

submitted 1 month ago by [email protected] to c/[email protected]

39 comments fedilink hide all child comments

In the first quarter of 2024, Meta made $36.45 billion dollars - $12.37 billion dollars of which was pure profit. Though the company no longer reports daily active users, it now uses another metric: “family daily active people.” This number refers to “registered and logged-in users of one or more of Facebook’s Family products who visited at least one of these products on a particular day.”

This quiet, seemingly innocent change to how Meta reports growth is significant insofar as it will no longer have to report its Daily Active or Monthly active users, meaning that the only source of truth in Meta’s growth story is a vague growth metric that could be manipulated to mean just about anything. Three billion “daily active people” across Meta’s “family” combines WhatsApp, Instagram, Facebook, Facebook Messenger (which I’m confident it counts separately), Oculus, and Threads.

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[–] [email protected] 17 points 1 month ago (2 children)

All I need are good alternatives to:

find or coordinate local events
post used things for sale

and Facebook is totally irrelevant to me. The way people switched from Kijiji to Marketplace absolutely screwed me over for leaving Meta.

[–] [email protected] 5 points 1 month ago

Those two are really the only good use cases today for facebook. Insane how Marketplace pretty much overnight almost killed local listing sites. Events I don't see good alternatives, don't have much hopes for that one, time will show

[–] [email protected] 3 points 1 month ago (1 children)

I was very disheartened to see people switch from Kijiji (Canada). However I thinj it depends on what you're looking for and where you are. I've checked Marketplace with my partner's account and at least for where I live and my hobby Kijiji is still used.

[–] [email protected] 2 points 1 month ago* (last edited 1 month ago)

I think it also depends on the locale.

When I look at both Kijiji and Facebook marketplace, I see far more listings on Kijiji.