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It's true: Teens are ditching Facebook [CNN]

ALTABA INC (AABA)  More Company Research Source: CNN
US:NASDAQ Investor Relations: altaba.com/investor-relations
PDF It's true: Teens are ditching Facebook Teens are over Facebook. A new study has confirmed what we've long expected: Facebook is no longer the most popular social media site among teens ages 13 to 17. The Pew Research Center revealed on Thursday that only 51% of US teens use Facebook. That's a 20% drop since 2015, the last time the firm surveyed teens' social media habits. Now, YouTube is the most popular platform among teens -- about 85% say they use it. Not surprisingly, teens are also active on Instagram (72%) and Snapchat ( SNAP ) (69%). Meanwhile, Twitter ( TWTR ) followed at 32%, and Tumblr's popularity (14%) remained the same since the 2015 survey. When it comes to the platform they access most frequently throughout the day, Snapchat is king. Related: Uber and Airbnb could go public next year Although the study was only conducted among nearly 750 teens in a one month period starting this spring, the new numbers might be worrying for Facebook. The company recently re [Read more]

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