The end for Facebook? Zuckerberg admits its model is losing cultural impact
If you think Facebook's influence is fading, you're certainly not alone. Meta's CEO, Mark Zuckerberg, has voiced similar concerns regarding the platform's cultural impact. Internal emails exchanged with Facebook's head, Tom Alison, in April 2022 were presented in court this week during the Federal Trade Commission's antitrust case against Meta. In these emails, Zuckerberg acknowledged that while Facebook's user engagement remains steady in many areas, its broader cultural presence is diminishing. Meta also owns two other major platforms: Instagram and WhatsApp. However, Zuckerberg believes that even strong performance from these platforms won't be enough to offset a decline in Facebook's relevance.
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