Daily users beginning to snub Facebook?

 Washington Examiner:

Facebook parent company Meta shed more than $220 billion in market capitalization on Thursday, the largest such single-day decline for a U.S. company in history.

Meta’s stock closed down more than 26% on Thursday, an 85-point decline. The drop was largely driven by a quarterly earnings report that found the company was hemorrhaging daily users for the first time in its history. CEO Mark Zuckerberg personally lost about $24 billion.

...

 I don't think it is competition so much as the material that Facebook allows on its site is not as interesting as it was when people were not blocked from posting material that interested them.  I found it more interesting when more people were posting links to other material on the net.

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