From cbsnews.com:

Facebook says it is not dead. Facebook also wants you to know that it is not just for "old people," as young people have been saying for years. From a report:

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 ... have moved on.  

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. For younger generations -- those who signed up in middle school, or those who are now in middle school, it's decidedly not the place to be. Without this trend-setting demographic, Facebook, still the main source of revenue for parent company Meta, risks fading into the background -- utilitarian but boring, like email.