Facebook just set a $119 billion record for failure
/https%3A%2F%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fimage%2F818137%2F8ea28212-b5fa-4aaa-92de-cbfc1f387244.jpg)
Mark Zuckerberg has done it again.
The Boy King of Silicon Valley is renowned for creating the world's largest social network, potentially swinging at least one U.S. presidential election, and suing native Hawaiians to keep them off his 700-acre-island estate. But on Thursday, he adds another questionable feather to his surveillance-capitalism cap: Overseeing the largest single-day loss in market value in U.S. history.
That's right, it's official: As of the closing bell today, Facebook's market cap had dropped 19 percent. That's a roughly $119 billion loss in value. You see, it seems that Wall Street wasn't stoked Wednesday when the social media behemoth reported revenue and daily active-user numbers below expectations. Read more...
More about Facebook, Mark Zuckerberg, Tech, and Social Media Companies✍ Source : ☕ Mashable
To continue reading click link or copy to web server. :
(✿◠‿◠)✌ Mukah Pages : 👍 Making Social Media Marketing Make Easy Through Internet Auto-Post System. Enjoy reading and don't forget to 👍 Like & 💕 Share!
Post a Comment