InvestorsHub Logo
Followers 679
Posts 141047
Boards Moderated 36
Alias Born 03/10/2004

Re: None

Wednesday, 03/04/2020 8:03:48 AM

Wednesday, March 04, 2020 8:03:48 AM

Post# of 49386
Privacy Concerns Fuel Facebook Exodus
By: Statista | March 3, 2020

Vox Media and The Verge released their annual tech survey on March 2, asking Americans topical questions on popular technology companies and brands.

Regarding Facebook, one question showed why people are leaving the platform in 2020. When asked about their top reasons for not using Facebook, 46 percent of respondents listed privacy concerns as their main motivation for ditching the social media platform.

Other top reasons were that 36 percent weren’t interested in the content, 27 percent didn’t like how Facebook does business and 26 percent prefer to use other forms of social media.

According to The Verge, Facebook’s U.S. user base has declined by more than 15 million since 2017. People are flocking to Instagram and WhatsApp, however, which are both owned by the Facebook corporation.

Other Facebook questions in the survey asked people whether Facebook has too much power, where 72 percent of respondents agreed that the company did have too much power. Still, 66 percent agreed it’s okay Instagram and WhatsApp are owned by Facebook.

Among which tech companies Americans trust the most with their information, Microsoft and Amazon came out on top with 75 percent and 73 percent of respondents’ trust, respectively. Facebook came in last with only 41 percent.



Read Full Story »»»

DiscoverGold

Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent META News