Now, with the biggest thorn in its side - TikTok -facing heightened government scrutiny amid growing tensions between the U.S. and China, Facebook could, perhaps, position itself as a viable, domestic-bred alternative.
There's just one problem: young adults like Devin Walsh have moved on.
"I don't even remember the last time I logged in.
It must have been years ago," said Walsh, 24, who lives in Manhattan and works in public relations.
Instead, she checks Instagram, which is also owned by Facebook parent company Meta, about five or six times a day. Then there's TikTok, of course, where she spends about an hour each day scrolling, letting the algorithm find things “I didn't even know I was interested in.
Walsh can't imagine a world in which Facebook, which she joined when she was in 6th grade, becomes a regular part of her life again.
"It's the branding, right? When I think of Facebook, I think ugh, like cheugy, older people, like parents posting pictures of their kids, random status updates and also people fighting about political issues," Walsh said, using the Gen Z term for things that are definitely not cool.
The once-cool social media platform born before the iPhone is approaching two decades in existence. For those who came of age around the time Mark Zuckerberg launched 'thefacebook.com' from his Harvard dorm room in 2004, it's been inextricably baked into daily life even if it's somewhat faded into the background over the years.
Facebook faces a particularly odd challenge.
Today, 3 billion people check it each month.
That's more than a third of the world's population. And 2 billion log in every day. Yet it still finds itself in a battle for relevancy, and its future, after two decades of existence.
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META UNDER FIRE FROM EUROPEAN UNION FOR NOT DOING ENOUGH ABOUT ELECTION DISINFORMATION
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