Facebook Marks 20 Years Amid Controversies and Challenges
As Facebook celebrates its 20th anniversary, the social media giant faces scrutiny over censorship, privacy concerns, and its impact on society.
- Facebook, now under Meta, celebrates 20 years with over 3 billion users but faces criticism over censorship and privacy issues.
- Mark Zuckerberg apologizes to parents at a Senate hearing for the platform's role in child safety issues, highlighting ongoing controversies.
- Meta's AI ambitions and investments in computing power signal a future focus on generative AI products for Facebook, Instagram, and WhatsApp.
- Despite challenges, Meta reports a $40.1 billion revenue and $14 billion profit for Q4, exceeding analysts' forecasts.
- Facebook's user demographics shift as the platform sees a decline in younger users, with individuals aged 25-34 making up its largest audience group.