Is Facebook Weaker Than What We Thought?
Do you remember how few days ago our WhatsApp & Instagram was not working, and we blamed Jio & Airtel for that? Amusing, right! But social media itself was the real offender. This “Facebook Crisis” is due to a number of factors, including the server meltdown, unforeseen name change plans, and news of leaks. We have a very good reason to wonder what is going on with Facebook., as this social media behemoth has already been in the spotlight for all the wrong reasons. So, let’s start our conversation as we look at all these issues and allegations, what changes it had brought, and how this affected us, the regular users. Business Model With a user base of 2.9 billion, which is more than one-fourth of the world’s population, the total revenue of Facebook, now known as Meta, in 2021 was roughly 117 billion dollars. With its users paying nothing to use its apps like Facebook, Instagram, WhatsApp, and Snapchat, a question arises, how exactly does Facebook earn money? Actually, the