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Comment by HDThoreaun | Hacker News Reader

Results look good to me, EPS about double yoy, reality labs still losing billions. Stock down 12% after hours though so I must be missing something I guess

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It's so weird to me. My Facebook feed is dead, no one posts anymore. The last weeks they spam me with notifications about nothing to get me back in and creating fake engagement. "Peter you added as a friend in high school but have never spoken to since or ever interacted with on the platform commented on a meme page, check it out".

Facebook is just groups and marketplace, sprinkled with some ads, at least for my age group and area. But groups are very active, especially neighbourhood ones, where I get my hyper local news basically.

blue app is dead mostly. But instagram is def not!

For when people are so stupid that reading is hard and they need pictures . . .

the facebook feed is also mostly pictures and memes so not sure how that's any different

True, the apps are all basically converging.

Facebook DAU continues to grow:

https://www.statista.com/statistics/346167/facebook-global-d...

Their engaged audience is skewing older which is why it "feels" weird to you but not to everyone.

America is 4% of the world. FB is the internet in many countries.

Myanmar entered the chat

I stopped looking at facebook a month or two ago because it suddenly became 99% spam "suggestions" from people I've never heard of before. Complete turn off. I might peek once in a while to see if it's been unfucked, but I have zero interest until it is.

guidance not that great, also crowded trade

Revenue down from last quarter but q4 is usually good for adtech I think. Next quarters guidance seems decent to me but I guess market was expecting more. q1 2023 was definitely a bit of a low point for meta so the yoy stats might be a bit misleading but hard for me to be upset about anything here. Ad impressions up 20% again somehow lmao

I genuinely want to know how much of the ad revenue comes right from Elon.

Nearly every ad lately is either Tesla, or weird fan groups like "Elon musk highest iq to ever live" and someone has built a massive network of bots for "Elon musk sexiest man alive".

It seems like an overreaction to me.

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