Facebook is losing users in US: Report

Social networking giant Facebook today hosts around 15 million fewer people in the US than it did in 2017, with the biggest drop being among teen and millennial demographic.

A new US-specific survey data compiled by market research firm Edison Research highlighted that Facebook’s user-base was shrinking, particularly in the coveted 12- to 34-year-old in America, which was once recognised as the most lucrative market for the platform.

“Edison’s survey signal that the social network’s privacy woes and continued breaches of user trust may be having some noticeable effect on its most coveted slice of users.