Meta Platforms Inc (META)

[conix]

I know people that have SIX Facebook pages with bogus profiles. Totally worthless to an advertiser. But these users have never trusted Facebook.

And the advertisers are starting to wise up. More of those advertising dollars are going to migrate to other technologies, sites, etc.

And Facebook will struggle to stay relevant in the midst of a regulatory assault by the Government.

FB costs will go up--lobbying and legal costs included--as the advertising revenues go down.

I just deleted my Facebook mobile app because of the lack of privacy. And I am certain I am not the only one.