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Facebook’s total user base declines for the first time in 17 years

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3 years ago

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Facebook’s total user base declines for the first time in 17 years

Facebook has seen a number of controversies in recent years. But now, the company which was recently brought under new parent Meta, is witnessing a decline in its user base. This has happened for the first time in Facebook’s 17 years of existence that its user base has actually gone down.

According to quarterly report released by Meta, Facebook lost about half a million global daily users in the fourth quarter of 2021 as compared to previous quarter. Though the number is not staggering, compared to its existing user base of 1.93 billion, this is the first low point in the life of the company, which also has instant messaging app WhatsApp and Instagram in its stable.

The Verge reported that the loss in daily active users was steepest in North America (about 1 million), which is also where it earns the most through advertising. Across other Meta apps like WhatsApp and Instagram, the user growth was “essentially flat”, the report further said.

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Meta’s quarterly report on Wednesday also posted sharply higher costs but gave a weak revenue forecast, spooking the investors and knocking off almost $200 billion off the valuation of the company.

Meta’s shares fell 22.9 per cent to $249.05 in after-hours trading.

Meta is investing heavily in its futuristic “metaverse” project. It is sort of the internet brought to life, or at least rendered in 3D. Meta CEO Mark Zuckerberg has described it as a “virtual environment” in which you can immerse yourself instead of just staring at a screen. Theoretically, the metaverse would be a place where people can meet, work and play using virtual reality headsets, augmented reality glasses, smartphone apps or other devices.

But building it is not likely to be cheap.

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Meta invested more than $10 billion in its Reality Labs segment – which includes its virtual reality headsets and augmented reality technology – in 2021, contributing to the quarter’s profit decline.

Another problem is the recent privacy changes by Apple, which has made it harder for Meta to track people for advertising purposes, putting pressure on the company’s revenue. For months now, Meta has been warning investors that its revenue can’t continue to grow at the breakneck pace they are accustomed to.

Zuckerberg is betting that the metaverse will be the next generation of the internet because he thinks it’s going to be a big part of the digital economy. He expects people to start seeing Meta as a “metaverse company” in the coming years, rather than a social media company.

For now, though, the metaverse exists only as an amorphous idea envisioned – and named – by the science fiction author Neal Stephenson three decades ago. It’s not yet clear if it’ll be the next iteration of human-computer interaction the way Zuckerberg sees it, or just another playground for techies and gamers.

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Complete News Source : Hindustan Times

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To All The Boys star Lana Condor shares wedding video and it is straight out of a rom-com. Watch

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3 weeks ago

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January 30, 2025

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To All The Boys star Lana Condor shares wedding video and it is straight out of a rom-com. Watch

Lana Condor and Anthony De La Torre married in a picturesque hillside setting in Malibu, California, in October 2024. The couple shared their intimate wedding video, which captured their smiles and heartfelt tears. The video featured drone shots of picturesque hills and the wedding venue.

As well as close-ups of Lana in her wedding gown and emotional moments. The couple also included an after-party celebration where the couple cut the cake and guests danced the night away. Lana Condor is known for her role in.

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To All the Boys I’ve Loved Before trilogy, while Anthony De La Torre is an actor and musician. The couple first met in 2015 and got engaged in 2022. The couple has also starred in Boo, Bitch, X-Men Apocalypse, and Deadly Class.

Lana Condor, renowned for her portrayal of Lara Jean Covey in the “To All the Boys I’ve Loved Before” film series, recently shared a heartfelt wedding video that has captivated fans worldwide. The video, reminiscent of a romantic comedy, offers an intimate glimpse into her wedding day with actor and musician Anthony De La Torre.

A Dreamy Malibu Wedding

In late October 2024, Lana and Anthony exchanged vows in a picturesque ceremony at the Serra Retreat Center in Malibu, California. The venue, nestled atop the Malibu mountains, provided a serene backdrop for the couple’s special day. Lana chose the location because she had visited it with her late mother during her childhood, making it a place of profound personal significance.

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The Wedding Video

Lana’s wedding video captures the essence of their love story, blending candid moments with cinematic elegance. The footage showcases the couple’s first look, heartfelt vows, and the joyous celebration that followed. The video has been lauded for its authenticity and the palpable chemistry between Lana and Anthony, evoking the charm of a classic romantic film.

A Nod to ‘To All the Boys’

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The wedding video has drawn parallels to the “To All the Boys” series, where Lana’s character navigates the complexities of young love. Fans have noted the similarities between the fictional romance and the real-life love story, highlighting the serendipitous nature of Lana’s journey from on-screen romance to real-life happiness.

Lana and Anthony’s Journey

Lana and Anthony’s relationship began in 2015 after meeting at an Emmy Awards party. They announced their engagement in January 2022 and have since been a beloved couple in the entertainment industry. Their wedding marks a new chapter in their shared journey, celebrated by fans and peers alike.

Celebrating Love and Life

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Lana’s wedding video serves as a testament to love’s enduring power and the beauty of shared moments. It resonates with many, offering a glimpse into the joy and commitment that define a lasting partnership.

For a visual experience of Lana and Anthony’s wedding, you can watch the following video:

Lana Condor, celebrated for her role as Lara Jean Covey in “To All the Boys I’ve Loved Before,” recently shared a wedding video that feels straight out of a romantic comedy. In late October 2024, she married actor and musician Anthony De La Torre in an intimate ceremony at the Serra Retreat Center in Malibu, California.

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The video captures the couple’s heartfelt vows, candid moments, and the joyous celebration that followed. Lana wore a stunning Vera Wang gown, a choice she had made two years earlier with her late mother. people.com The ceremony was described as timeless and airy, set atop the Malibu mountains

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