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Wednesday, January 15, 2014

Obama overheard saying young people just don't use Facebook anymore

Obama overheard saying young people just don't use Facebook anymore

Facebook Inc. FB -0.25% recently acknowledged signs of eroding teen interest in the social network. Well, even the president of the United States knows that, too.
Robinson Meyer, a writer for The Atlantic magazine, reported on a chance encounter with President Barack Obama at a café where the chief had a chat with a few young people on a range of issues, including trends in social media.
That was when Obama was overheard making a comment on the changing social media tastes of young people.
“It seems like they don’t use Facebook anymore,” he was overheard saying.
That prompted Meyer to write: “Facebook is so uncool even the president of the United States knows it.”


I'd call that a " Sell " signal

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