RIP Facebook - Study finds Facebook "basically dead" to U.K. teens

Study finds Facebook "basically dead" to U.K. teens
U.K. professor Daniel Miller, discussing the results of an EU-funded study on social media use: "What we’ve learned from working with 16-18 year olds in the U.K. is that Facebook (FB) is not just on the slide, it is basically dead and buried. Mostly they feel embarrassed even to be associated with it ... Parents have worked out how to use the site ... In response, the young are moving on to cooler things."Miller adds U.K. teens are reallocating their social media time to Twitter, (Facebook-owned) Instagram, WhatsApp, and Snapchat, with none of those services fully replacing Facebook on their own. A recent Piper survey of U.S. teen social media use turned up similar findings.Worries about Facebook's teen engagement have been easy to find since the company disclosed on its Q3 CC it saw a Q/Q drop in U.S. teen daily active users. Sheryl Sandberg later insisted overall U.S. teen Facebook usage remains stable.The bigger question for Facebook: Is softening engagement among teens in certain markets simply the result of teen-specific issues (for example, not wanting to engage with a social network one's parents and other older relatives are on), or a leading indicator of broader issues (e.g. boredom and privacy concerns) that could affect engagement among other demographic groups?

 

I couldn't agree more, but it's not reflected in the mcap. I think there is a good short opp here in the low 60s. Momo will get it there. It's a two to three year play to $25, but not a lot of velocity in it so I am not interested.

 

Wazzzzzz Upppppp Madddddd Daaawwwwwwggggggggggggg,


If I were to bet on social media it would be on LinkedIn and Pintrest.

Those two have a real product that attracts people who are willing to spend for services. One is on your career for contacts and the other is a hobby.

I just don;t see what you can make on broke teenagers hanging out on FB.

You are probably right about FB being a short but the timing of that is extremely difficult.

 

There's an app that tells you which one of your friends is stupid.

It's called Facebook.

 

al these facebook google lnkd, msft, etc that are in spying lost big time because of snowden.

people will post less sensitive info only therefore decrease usefulness of these tools.

this is not priced in valuations. NAS not going to see 5000

 

parents ban their kids from using facebook..i would too.