[stocknoob]

Do not track is an easy scapegoat, but I think the rise of TikTok is a larger factor. Meta lost users.

[badwolf]

I think this, along with a slew of other factors as well.

Meta pivoting to burn money on a VR universe that nobody actually seems to want. Meta burning FB users by constantly altering their FB news feed, making it less and less a place for friends, and more a place to see endless reposted memes and ads for drop-ship products and stolen IP tshirts. Meta burning Instagram users by trying to force everyone's favorite photo-sharing app to be a shittier version of TikTok, as well as the above constant feed refactors...

[disgruntledphd2]

It's definitely the ATT changes, literally cratered all their direct response ads on iOS (i.e. rich people).

TikTok is definitely a concern but turning off the money pump is a much, much bigger one.

[retinaros]

if this is tiktok they shouldnt worry for long i bet it will be banned before end of year