As a younger person that these types of articles are so fond of talking about (I'm 21), I don't agree that members of my generation are leaving and that we don't perceive Facebook as cool. I think what's changed with the new social media companies is the timeliness of when we do things.
Perfect example- I was out for a Secret Santa dinner with a bunch of my friends. While we were at the dinner, we took tons of pictures, some of which ended up as Snapchat stories or on Instagram. But later that night, every single one of those pictures went up on Facebook. Cover photos were updated aplently. Why? Because all of us are on Facebook and Facebook is still the best way to permanently store and share the experiences you've had with your friends (while also tagging them in the photos).
Perfect example- I was out for a Secret Santa dinner with a bunch of my friends. While we were at the dinner, we took tons of pictures, some of which ended up as Snapchat stories or on Instagram. But later that night, every single one of those pictures went up on Facebook. Cover photos were updated aplently. Why? Because all of us are on Facebook and Facebook is still the best way to permanently store and share the experiences you've had with your friends (while also tagging them in the photos).