Mark Zuckerberg Says Facebook Will ‘Make Serving Young Adults Their North Star’
- Zuckerberg focuses on vision for company’s AR/VR plans
- Social giant will prioritize young users to shore up growth
Facebook Inc. Chief Executive Officer Mark Zuckerberg, besieged by dozens of stories about his company’s inadequate response to hate speech, misinformation and violent content, sought to paint a rosier picture of the social network’s future, outlining new efforts to attract young users and build immersive digital experiences.
On Monday, after a consortium of media organizations published a series of damning reports based on internal documents disclosed by a whistle-blower, Zuckerberg implored investors to look past the current narrative. The disclosures included research that showed rising alarm within the company about slowing user growth and engagement among young people. While historically Facebook focused on expanding its services to appeal to the largest number of users, the CEO said, it will instead prioritize those age 18 to 29.