Facebook loses money every day

Facebook loses money every day

Facebook Cancel or Delete

Time puts a portrait of Mark Zuckerberg on the cover with a proposal to remove Facebook

"Facebook will not fix itself" - this comment accompanies the cover post on the magazine's social networks.
The American weekly Time magazine, after a six-hour disruption to Facebook, Instagram and WhatsApp, placed a portrait of the owner of these social networks, Mark Zuckerberg, on the cover of the latest issue.

Above Zuckerberg's photo is a confirmation window.
It says "Delete Facebook?".
The options are also "Delete" or "Undo"..

Facebook’s focus on increasing user engagement, which ultimately drives ad revenue and staves off competition, may keep users coming back to the site day after day—but also systematically boosts content that is polarizing, misinformative and angry, and which can send users down dark rabbit holes of political extremism or, in the case of teen girls, body dysmorphia and eating disorders.

The company’s leadership knows how to make Facebook and Instagram safer, but won’t make the necessary changes because they have put their astronomical profits before people.

In 2020, the company reported $29 billion in net income—up 58% from a year earlier.
This year, it briefly surpassed $1 trillion in total market value, though

Facebook loses money every day

09.10.2021 time.com

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