Facebook's usage has gone up by 50% as a result of the coronavirus

"The coronavirus has ended up a boon for social media giant Facebook, which saw a 50 percent spike in usage as the virus ate its way through the country’s health and economy.
The usage of the social media network’s numerous features, such as messenger and video calls, has spiked in recent weeks as millions of Americans have had to stay home to avoid the virus. This is a sharp turnaround from not so long ago when the social network seemed to be collecting dust, mostly seeing use from older people as the youth flocked to newer models of social media.
But as of late, Facebook has been seeing increases in news consumption as well, with more than half the articles consumed on the site relating to the virus pandemic. Ranjan Subramanian, a data analyst with the company, talked about the increase in a blog post, calling it “unprecedented.”
The report says the bulk of the increase — over 90 percent — can be credited to what Facebook terms “Power News Consumers” and “Power News Discussers,” who consume and talk about news more than most users of the service. The company, monitoring the activity from that spike fervently, wants to make sure all news put out about the worldwide crisis is as accurate and authoritative as possible — a kind of real-time experiment in how to handle news on social media."

Source:  PYMNTS, 25th March 2020