It also says the shift to content like Reels is among reasons it'll make less money this year than expected.
Facebook's reported a drop in daily users for the first time ever in it's history.
American Media magnate and co-founder Mark Zuckerberg blames the Tik Tok boom.
Its parent company saw its value slump by a fifth, as it announced global active users dropped below 1-point-9-3-billion.
It also says the shift to content like Reels is among reasons it'll make less money this year than expected.
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