That love triangle appears to be crumbling. And in a nod to the shift in consumer behavior, Meta said in July that VR users will be able to access headsets without their Facebook credentials.Ī Facebook spokesperson declined to comment for this story. Late last year, Facebook changed its name to Meta, reflecting an effort to move the company away from social media and toward a futuristic metaverse, where people work, play and learn in a virtual world. Revenue in the third quarter is expected to drop for a second straight period. In the past year, the company's business has been beset by Apple's iOS privacy change, which made it harder to target ads, a deteriorating economy, competition from short-video service TikTok, and reputational damage after a whistleblower leaked documents showing Facebook knew of the harm caused by many of its products. The disappearing login is the latest sign of Facebook's diminishing influence on the internet following more than a decade of spectacular growth. "One thing that we see across the industry is more and more security risks or account takeovers, whether that's Instagram or Facebook or whatever it might be, and I just think we're observing people making a decision to isolate that social media account versus having other connections to it." "We really just looked at how many people were choosing to use their social media identity to sign in, and that just has shifted over time," Felch said. Jen Felch, Dell's chief digital and chief information officer, said people stopped using social logins, for reasons that include concerns over security, privacy and data-sharing. ![]() Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Email Content Generator available to select US Standard and Premium plan users.Best Debt Consolidation Loans for Bad Credit.Additional terms, conditions, and fees may apply. This represents no obligation to deliver future features and should not be relied on in making a purchasing decision. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause our actual results to differ materially from these expectations, as described in our SEC filings. This information contains forward-looking statements, including our expectations regarding the functionality and availability of current or future features. ![]()
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