Facebook might have finally reached its peak usage, reporting 1.93 billion daily active and 2.91 million monthly active users in its fourth quarter results.
While only a loss of half a million dailies, it is significant as it is the first time Facebook has reportedly less active users since inception.
The user decline, alongside slowing ad growth, led to a 20 percent plunge in the stock price, cutting Meta’s market cap by $200 billion.