Facebook allegedly misled investors and masked slowing growth among critical demographics like young users in the US, according to internal documents leaked by whistleblower Frances Haugen.
The documents show that young people are generally spending less time on Facebook, fewer teens are signing up and many new teen accounts are duplicates as opposed to unique new users, Bloomberg reported Monday.
People across age groups are also creating fewer posts, and it’s unclear to Facebook employees why all this is happening, Bloomberg said, citing Facebook’s internal research.
