New York Tech Media
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
New York Tech Media
No Result
View All Result
Home News

Facebook says it’s refocusing company on ‘serving young adults’

New York Tech Editorial Team by New York Tech Editorial Team
October 25, 2021
in News
0
Facebook says it’s refocusing company on ‘serving young adults’
Share on FacebookShare on Twitter

Facebook CEO Mark Zuckerberg says he’s redirected teams within his company to “make serving young adults their north star.” The comment, made on a call with investors this afternoon, speaks to Facebooks’ concerns about declining usage among teens and young adults.

“So much of our services have gotten dialed to be the best for the most people who use them, rather than specifically for young adults,” Zuckerberg said.

TikTok is “one of the most effective competitors we’ve ever faced”

He suggested the change will be more than just lip service. Facebook usage among older users will grow slower than it otherwise would have because of the changes, Zuckerberg said. Even with those tradeoffs, he said, “I think it’s the right approach.”

Zuckerberg expects the changes to take years. One of the more immediate shifts could be to Instagram, which he says will see “significant changes” to lean further into video and make Reels “a more central part of the experience.”

The shift toward video is very clearly a response to TikTok, which Zuckerberg called “one of the most effective competitors we’ve ever faced.”

While the details are largely talk for now, it’s clear that Facebook has been thinking and planning this before now. The Verge reported today on leaked Facebook documents showing the company’s alarm at seeing declining usage, with a precipitous drop predicted in the years ahead. The documents also show ideas Facebook considered to increase usage among younger users, including revamped groups, job finding tools, and “mood feeds.”

Credit: Source link

Previous Post

founders have a better way to fundraise more online – TechCrunch

Next Post

This Fintech Stock Could Produce 10X Returns

New York Tech Editorial Team

New York Tech Editorial Team

New York Tech Media is a leading news publication that aims to provide the latest tech news, fintech, AI & robotics, cybersecurity, startups & leaders, venture capital, and much more!

Next Post
This Fintech Stock Could Produce 10X Returns

This Fintech Stock Could Produce 10X Returns

  • Trending
  • Comments
  • Latest
Meet the Top 10 K-Pop Artists Taking Over 2024

Meet the Top 10 K-Pop Artists Taking Over 2024

March 17, 2024
10 Raunchy Movies on Netflix You Won’t Regret Watching

10 Raunchy Movies on Netflix You Won’t Regret Watching

May 20, 2024
Panther for AWS allows security teams to monitor their AWS infrastructure in real-time

Many businesses lack a formal ransomware plan

March 29, 2022
Zach Mulcahey, 25 | Cover Story | Style Weekly

Zach Mulcahey, 25 | Cover Story | Style Weekly

March 29, 2022
How To Pitch The Investor: Ronen Menipaz, Founder of M51

How To Pitch The Investor: Ronen Menipaz, Founder of M51

March 29, 2022
Clubhouse will soon let you pin links to the top of rooms

Clubhouse will soon let you pin links to the top of rooms

October 23, 2021
Startups On Demand: renovai is the Netflix of Online Shopping

Startups On Demand: renovai is the Netflix of Online Shopping

2
Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

1
Menashe Shani Accessibility High Tech on the low

Revolutionizing Accessibility: The Story of Purple Lens

1

Netgear announces a $1,500 Wi-Fi 6E mesh router

0
These apps let you customize Windows 11 to bring the taskbar back to life

These apps let you customize Windows 11 to bring the taskbar back to life

0
This bipedal robot uses propeller arms to slackline and skateboard

This bipedal robot uses propeller arms to slackline and skateboard

0
three men posing outdoors

An AI Company on a Tiny Island Just Beat the Biggest Names on Wall Street. Here’s the Part That Should Surprise You.

June 2, 2026
man in a blue coat wearing glasses

Why Human Skills Matter More Than Ever in the AI Era

May 27, 2026
essential travel gadgets

May 24, 2026
graphic of Next-Gen Entrepreneurs event

Leadership, Judgment, and Innovation: A Post-Event Conversation with Dr. Fang Miao

May 21, 2026
Arito founding team

Arito AI Raises $6 Million To Bring Agentic Intelligence To Finance And Revenue Teams

May 20, 2026
Viewz founding team

Viewz Raises $7M to Retire the Finance Stack as We Know It

May 19, 2026

Recommended

three men posing outdoors

An AI Company on a Tiny Island Just Beat the Biggest Names on Wall Street. Here’s the Part That Should Surprise You.

June 2, 2026
man in a blue coat wearing glasses

Why Human Skills Matter More Than Ever in the AI Era

May 27, 2026
essential travel gadgets

May 24, 2026
graphic of Next-Gen Entrepreneurs event

Leadership, Judgment, and Innovation: A Post-Event Conversation with Dr. Fang Miao

May 21, 2026

Categories

  • AI & Robotics
  • Benzinga
  • Cybersecurity
  • FinTech
  • New York Tech
  • News
  • Startups & Leaders
  • Venture Capital

Tags

AI AI QSRs Allseated Automat-it AWS B2B marketing Business CISO CISO Whisperer Collaborations Companies To Watch cryptocurrency Cybersecurity Entrepreneur Fetcherr Finance FINQ Fintech Funding Announcement hi-tech Hi Auto Impala Investing Investors investorsummit Israel israelitech Leaders LinkedIn Leaders Metaverse Mindset Minnesota omri hurwitz PointFive PR QSR Real Estate start- up startupnation Startups Startups On Demand Tech Tech leaders Unlimited Robotics VC
  • Contact Us
  • Privacy Policy
  • Terms and conditions

© 2024 All Rights Reserved - New York Tech Media

No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital

© 2024 All Rights Reserved - New York Tech Media