Facebook Sees 24% Drop In Average Time Spent On Site

"While Facebook grapples with an explosion in overhead, expensive regulations in Europe (and possibly soon in the U.S.), a staggering decline in traffic, backlash over conservative purging and pedo questionnaires, and a former executive who went public in December with his “tremendous guilt” over helping to hook people on the 'internet crack' that is social media – the Silicon Valley behemoth is facing a new challenge; a 24% drop in the average time spent on the site."