Facebook misled investors about struggles maintaining young users, whistleblower says

Published October 25, 2021 3:25pm ET



Facebook is struggling to maintain young users and misled investors about the extent of its problems with user demographics, according to whistleblower allegations.

Internal company documents provided by the whistleblower, Frances Haugen, present findings that young adults engage less with Facebook and view it as an “outdated network,” the Associated Press reported. The social network is also described as “boring, misleading and negative.”

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