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The Independent UK

Tony Owusu

Facebook Losing Teens to Snapchat but Instagram Once Again Saves the Day

A study by research firm eMarketer suggests that teens are abandoning Facebook Inc. (FB) for hipper alternatives like Snapchat (SNAP) and Facebook-owned subsidiary Instagram, Recode reported Tuesday.

The study shows that Facebook's user base among 12- to 17-year-olds will shrink by 3.4% in the U.S in 2017, the first time the firm has predicted a decline for Facebook in any age group.

Additionally, eMarketer believes that Snapchat will have more 12- to 17-year-olds and 18- to 24-year-old categories by the end of the year for the first time.

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Asia rolls out four-day weeks and work-from-home as emergency measures to solve a fuel crisis caused by Iran war

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The energy crunch is forcing governments to adopt extreme measures to save fuel; in Thailand, government employees are being asked to take the stairs.

Hungary’s Orbán claims Ukrainians ‘threatened’ his family as election campaign ramps up

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One subscription that gives you access to news from hundreds of sites

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