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Facebook is trying to lure in the youngs with old stuff

Facebook told Axios it’s starting to make progress luring back the young users who’ve seemingly vacated the platform.

The company shared that it had 40 million daily active users aged 18-29 in the US but didn’t give updated numbers on total daily active users, so it’s hard to say.

To draw in young people, it’s out with the old (news, audio ick!) and in with the...old: Marketplace, dating, events, Reels.

The company is also telling, not showing. At an event for young creators last week, your mom’s social media platform was handing out pamphlets (pamphlets!) saying, "We are not your mom's Facebook.”

The company is also telling, not showing. At an event for young creators last week, your mom’s social media platform was handing out pamphlets (pamphlets!) saying, "We are not your mom's Facebook.”

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Netflix slumps as Elon Musk ramps up calls for boycotts on the streaming giant

Netflix shares slumped Thursday, down for the third straight day, as Elon Musk continued to push for users to cancel their subscriptions to the streaming giant.

The backlash centers mostly on Netflixs animated series Dead End: Paranormal Park, though Musk has also referenced The Baby-Sitters Club, shows that touch on transgender themes. On Tuesday, he replied “Same” to a user who said they’d canceled Netflix, confirming he had too. Early Wednesday he urged, “Cancel Netflix for the health of your kids.”

Musk continued to back a boycott on Thursday, resharing to his 227 million X followers several posts of users canceling their accounts and highlighting cultural criticisms around the show.

Netflix stock has performed well this year, rising about 30%.

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