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Silicon Beach Report Aug. 22: Facebook Predicted to Lose Teens to Snapchat and Instagram

Facebook predicted to lose teens to Snapchat and Instagram, Uber and Lyft drivers protest their pay at LAX, and FreedomPop launches $49 per year mobile phone plan.

Facebook Predicted to Lose Teens to Snapchat and Instagram

Research firm Emarketer predicts 14.5 million people ages 12 to 17 will use Facebook in 2017, a decline of 3.4 percent from the previous year, as they migrate to Snap Inc.’s Snapchat and Facebook’s Instagram, reports CNBC. Monthly Facebook usage among those under 12 and ages 18 to 24 will grow more slowly than previously forecast, according to the research company.

Uber and Lyft Drivers Protest Their Pay at LAX

Uber and Lyft drivers protested their pay at a demonstration at Los Angeles International Airport, reports the Daily News. It was scheduled to take place from noon through 2 p.m. today in the rideshare pick-up and drop-off area “A” on the upper level between Terminals 1 and 2.

FreedomPop Launches $49 Per Year Mobile Phone Plan

FreedomPop launched a mobile phone plan with 1,000 minutes, 1,000 texts, and 1GB of data per month, either via AT&T or Sprint’s LTE network, for $49 per year, reports Venture Beat. FreedomPop has built its business by giving away for free small bundles of text messages, talk time and mobile data, while upselling additional services for a premium.

Technology reporter Garrett Reim can be reached at greim@labusinessjournal.com. Follow him on Twitter @garrettreim for the latest in L.A. tech news.

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