Facebook Is Losing Its Coolness With Teens

No more addiction related to Facebook is being noticed nowadays among youth, and company is losing its grip on the hearts and minds of the teens. It was a prediction which was made earlier and was also denied by CEO Mark Zuckerberg this summer.

“We did see a decrease in daily users, specifically among younger teens,” Facebook CFO David Ebersman said. He didn’t how the company calculated all this but still added that the number of users remained constant this quarter.

Facebook must be feeling the burn because of the mindset of teens which changed towards alternative SNS like Tumblr and Snapchat. But there was a positive comment from Ebersman showing a hope and said: “We remain close to fully penetrated among teens in the U.S.” This news also affected facebook’s stock which fell during after-hours trading after news of the teen data broke.

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