I was a teenager when Facebook started and part of what made social media cool at the time was that it was a place for young people to hang out with their peers online and our parents didn't understand it. Today's teenagers have parents who were using Facebook as they were growing up. They probably see it as an old website that their parents would use to upload their school photos to share with their aunts and uncles. TikTok is now the new app that the young people like because their parents aren't there. Instagram started to become that several years ago which is why Facebook bought it.
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It is interesting and Facebook did a smart thing: it acquired Instagram.
You are right. Facebook the website turned into mom's and dad's (or grandparents) site. The younger ones turned to Instagram.
Of course, this is overall, so they are losing users overall. I didnt look into the report to see if they stated where it was from.
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