Bacause FB/Meta and none of it's other incarnations is not fashionable among young generation anymore, it's platform for old people.

I'm wondering what kind of play would be successful long-term in this scenario with long-lasting social platform to capture next generation which is naturally inclined to be in opposition when it comes to parents way of life. Maybe creating some kind of "undercover" division not officially connected to parent company? Or even spinning it as some part of company "revolting" against main body and going "rogue". But in both cases mainly founding would uncover the plot. Of course buying competitors usually works too to some degree - or at least allows to buy some time.

Pretty sure their whole foray into metaverse and Oculus VR is to capture the younger generation of the future.

It’s too late. Nobody is switching from TikTok to Facebook.

I think the key is that youth are going to TikTok and not Facebook.

They lost the next generation of kids!

Yeah idk I thought the same last time but somehow Facebook always comes back buy buying everything And copying everyone

It’s time to stop Facebook buying companies then - how anyone approved them buying WhatsApp is beyond my understanding. I really don’t like TikTok, but I really don’t like Facebook (the company) a bit more, so I hope TikTok does well and will not be bought.

They can acquire new users but copying them or buying them won’t necessarily keep them.

If the youth are allergic to any FB networks there just needs to be a viable alternative for them to flee.

They can’t buy TikTok, and it’s too late to copy it.

Probably not but the TikTok has to pivot before they loose steam and start being a coglomorate otherwise they Will eventually fade so it depends on how successfully they execute this. Meantime Facebook just needs to catch the next TikTok to be relevant again.

Both companies have to keep evolving to stay relevant, yes.

One is declining and reviled, and the other is growing and seen as fun.

That’s the only difference.

But one sits on a mountain of cash and the other on just a hill

I guess you are not aware that TikTok is both highly profitable and valuable.

But it’s not Facebook size yet

Don’t you mean Facebook isn’t TikTok’s size yet, since Facebook is declining both in revenue and users.

Full support of the PRC is more than a "hill"

Because so far their content is full of obviously fake poor quality videos and their selection algorithm for those is basically an RNG.