*By Amanda Weston* Teens whose families earn $30,000 or less a year are more likely to rely on Facebook than their wealthier peers. [A Pew Research Center survey](https://qz.com/1355827/do-teens-use-facebook-it-depends-on-their-familys-income/) reported 70 percent of teens in lower-income households still use the platform, compared with only 36 percent of teens in the $75,000 and up bracket. "A lot of them have to do with resilience and how teens use Facebook to kind of get ahead," said Hanna Kozlowska, a reporter at Quartz. "So they use it for networking for example, because they might not have as much resources as wealthier teens." About half of all teenagers use Facebook, but Kozlowska said that lower-income students who may not have as much access to resources turn to the social platform to get in touch with teachers, ask for homework help, and create a support network. Their older relatives are also more likely to be on the platform. The teens who are still on Facebook may not want to spend as much time there as they do, said Kozlowska, and their numbers could dwindle if the adults they usually connect with age or abandon social media. "Facebook isn't actively doing anything to kind of help them, to elevate them," Kozlowska said, and that the company didn't respond specifically to the Pew study. "They said, 'Oh, yeah, this is just an example of how an ad-based free network is good' right? They didn't particularly elaborate on that," she said. Facebook had the biggest differences between three income brackets. Instagram and YouTube were the most consistent. For full interview, [click here] (https://cms.cheddar.com/videos/VmlkZW8tMjIxODQ=).

Share:
More In Technology
CarDekho Raises $250 Million in Pre-IPO Round
The largest car search platform in India, Cardekho, recently raised $250 million in what the company calls a pre-IPO round led by leapfrog investments. The funding bumps CarDekho above unicorn status with a $1.2 billion valuation. The company currently has a catalogue of more than 3,000 pre-owned cars for online purchases and hopes to expand with the new funding. Partner and co-head of South Asian investment for LeapFrog Stewart Langdon joins Cheddar News' Closing Bell to discuss.
E-Scooter Company Bird Goes Public to Scale Up Its Environmental Impact
E-scooter company Bird made its public debut on the New York Stock Exchange on Thursday. CFO Yibo Ling joined Cheddar to discuss what made the company launch a SPAC IPO now. Ling noted one of the deciding factors was the need to scale the business to help take "gas-guzzling cars off the road" by growing into more locations. "A large portion of our proceeds will go to fund expansion into these new geographies," he said.
What Netflix Mobile Gaming 'Baby Step' Means for the Streaming Giant
Joan E. Solsman, a senior reporter at CNET, joined Cheddar's "Opening Bell" to talk about Netflix moving to offer mobile video games for Android users as part of their subscription. She said this is likely one "baby step" for the streaming giant as it moves into the space. "You can see what Netflix wants to do eventually down the line is have these great ambitions to make their service be more than just passive TV, movies," she said. "They're moving more into merchandising, that they're moving more into in-person experiences. They're trying to broaden a way, which is a great thing to do when everyone keeps talking about metaverses."
Roku Shares Fall Amid Supply Chain Disruptions
Tuna Amobi, Director and Senior Equity Analyst at CFRA Research, joined Wake Up With Cheddar to break down the big takeaways from Roku's Q3 earnings report, as the company warns of further supply chain issues in the coming months.
Load More