• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
TechEngage

TechEngage

Technology news and opinions

  • Tech News
  • Reviews
  • How-to
  • Science
    • Energy
    • Environment
    • Health
    • Space
  • Apps
  • More
    • Opinion
    • Noteworthy
    • Roundups
    • Culture
    • Blockchain
      • Cryptocurrency
    • Events
    • Deals
    • Startups
      • Startup Submissions
  • Videos
  • Login
Social Media Networks

Facebook faces a decline

Avatar for Ali Raza Ali Raza Updated: June 17, 2019

Facebook
Via Pexels

The social networking giant of its time has stopped being the crown jewel for a while now. The growth as stopped altogether now in USA, Canada, and some European countries.

Stoppage in growth has also slipped further into decline in many instances. However, its growth on an international level still enjoys a rise of an average 9% increase in its active users. This year, the increase was a record 10%.

A part of recent takes on this issue claims that although the short-term future of Facebook seems secure enough, its long-term future is still very unsure. This idea owes itself to the fact that the most profitable users come from the countries where Facebook is facing a decline. The speculated reason for a decline from 279 to 278 million European users is said to be the GDPR. These are regulations by the governments on the use of social media which inevitably cuts one million users from Facebook annually. Since the most revenue per user is linked to these same countries, owners and stakeholders at Facebook are worried.

Moreover, the most widely used method to generate revenue by Facebook is through advertising. If users from societies related to the generation of a larger part of Facebook’s yearly revenue leave, they take more potential users with them. This, in turn, leads to a decrease in online advertising that feeds Facebook. Hence, an uncertain future is not that far away for Facebook.

This misfortune has intercepted Facebook especially recently due to some of the most widely known scandals it has indulged itself in. The data privacy and security scandals including misinformation being spread using Facebook as a vessel to tamper with elections have been the hottest. Out of these, the most globally famous event was the Cambridge Analytica scandal which landed Mr. Zuckerberg in front of dozens of cameras and an unimpressed US Senate to testify.

Even in the aftermath of this scandal, the world continues to watch Facebook being used as a vector to the craziest conspiracy theories, religious fanaticism, jingoism, espionage, and misinformation. The most recent alleged misuse is being seen in the form of an Iranian group seeking to spread division among voters before the midterm elections.

Zuckerberg has been recently reported as saying:

“Public sharing will always be very important but people want to share privately too. People feel more comfortable being themselves when they know their content is only seen by a small group and when they know it won’t be around forever.”

When Wall Street faced an unexpected decline that was the gravest in its history, Facebook did not feel the brunt as much. The Facebook overlords had already reported and warned of its potential descent. The downturn of active users, therefore, does not surprise Wall Street. It does, however, puts a blanket on the expected future of the company. Till now, it has stayed in the topping list of Silicon Valley endeavors. But a 33% revenue generation dependent on ads can make this social media giant fall just yet.

Stay tuned for more updates!

This post was orginally published on: November 2, 2018 and was updated on: June 17, 2019.

Related Tags: Facebook

Related Stories

  • Facebook might face a multi-billion dollar fine from the FTC

    Facebook might face a multi-billion dollar fine from the FTC

  • WhatsApp’s new feature lets you change wallpapers for specific chats

    WhatsApp’s new feature lets you change wallpapers for specific chats

  • Facebook kills its “Common Grounds” project meant to encourage civil political discussion

    Facebook kills its “Common Grounds” project meant to encourage civil political discussion

Avatar for Ali Raza

Ali Raza

Tech Writer

A tech geek who loves to write on mobile phones, AI, how-to guides and latest technology trends.

Reader Interactions

Join The Discussion: Cancel reply

Please read our comment policy before submitting your comment. Your email address will not be used or publish anywhere. You will only receive comment notifications if you opt to subscribe below.

Primary Sidebar

Become a contributor

We are accepting contributor applications. All applications will be decided in 3 days after applying. To learn more click here.
TechEngage-Apple-News
TechEngage-Google-News

Recent Stories

  • 6 best car scratch removers on Amazon for 2021
  • Best iPhone 12 and iPhone 12 Pro wallet cases for 2021
  • Best video game consoles to buy on Amazon in 2021
  • Best gaming mouse in 2021
  • Best soft couch covers and sofa slipcovers on Amazon for 2021
iPhone X with AirPods and Box

Incredible things your iPhone can do

Best Fitness Apps featured image

Top 10 best fitness apps 2021

best ways to increase the speed of your internet

How to increase your internet speed

Screen-mirroring

How to mirror your Android device on TV using Chromecast

Footer

About Us

  • Advertise
  • Send us a tip
  • Startup Submission Questionnaire
  • Community Guidelines
  • Corrections Policy & Practice
  • Contact us

Discover

  • About
  • Newsroom
  • Advertise
  • Brand Kit
  • Partners
  • Staff
  • Our Ethics
  • Publication Principles
  • Contact us

Legal Pages

  • Reviews Guarantee
  • Community Guidelines
  • Cookies Policy
  • Comments Policy
  • Our Ethics
  • Disclaimer
  • GDPR Compliance
  • Privacy Policy
  • Terms and Conditions

Download our apps

TechEngage-app-google-play-store

Copyright © 2021 · All Rights Reserved · TechEngage® is a Project of TechAbout LLC.
TechEngage® is a registered trademark in United Kingdom under Trademark Number UK00003417167 and is ISSN protected under the ISSN 2690-3776 and OCLC Number 1139335774.

Go to mobile version