Facebook has officially acknowledged that teens have become bored of facebook lately and are looking for other social media to interact with people.
In its its annual 10-K report facebook said that :
"We believe that some of our users, particularly our younger users, are aware of and actively engaging with other products and services similar to, or as a substitute for, Facebook. For example, we believe that some of our users have reduced their engagement with Facebook in favor of increased engagement with other products and services such as Instagram. In the event that our users increasingly engage with other products and services, we may experience a decline in user engagement and our business could be harmed."
A week ago, Facebook Director of Product Blake Ross announced that he’d leave the company in a goodbye letter he posted on his profile page. Ross had written:
"I’m leaving because a Forbes writer asked his son’s best friend Todd if Facebook was still cool and the friend said no, and plus none of HIS friends think so either, even Leila who used to love it, and this journalism made me reconsider the long-term viability of the company.
Ross later retracted the letter saying that it was not meant to be taken seriously.
According to a report on the Verge:
At some point, adding these details, like hundreds of photos from a recent vacation and status updates about your new job amounted to bragging — force-feeding Facebook friends information they didn’t ask for. What was once cool was now uncool. Worse yet, it started to feel like work. Maybe the burden of constantly constructing immaculate digital profiles of ourselves is tiring. "I find it boring, and I don’t really care about knowing all my friends’ details anymore," my fifteen-year-old cousin Neah Bois wrote to me. "I think it’s stupid when people post a lot of pictures about their lives and all that stuff… I go on to talk to family and connect, but really I only go on once a week or so."
sources - http://www.businessinsider.com/its-offi ... ook-2013-3 and http://www.theverge.com/2013/3/1/404959 ... sing-teens







