Teen exodus from Facebook appears overblown

By | February 11, 2014

Scalper1 News

Teens aren’t abandoning Facebook, but they’re spending less time on the social network, a new research report claims. After Facebook revealed a quarter-to-quarter dip in daily use by younger U.S. teens in the third quarter, many investors wondered if teens were fleeing the service for alternatives like Instagram, Snapchat and Twitter(TWTR). Independent reports seemed to confirm a teen exodus from Facebook (FB), including those by iStrategyLabs and University College London. In a report out Tuesday, eMarketer says 95.9% of U.S. social network users age 12 to 17 used Facebook in 2013. That figure is expected to be 96% this year and next, it said. With such a high use rate among young people on social networks, Facebook is “in a tricky position (where) it has no place to go but down,” eMarketer analyst Mark Dolliver said in his report. Of U.S. teen Internet users, 85% used an online social… Scalper1 News

Scalper1 News