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Zuckerberg Loses $5.9 Billion In A Day As Facebook Faces Rare Outage, Whisteblower Testimony
https://thumbor.forbes.com/thumbor/9...%3Ffit%3Dscale Investor confidence in Facebook weakened a bit on Monday amid continued political pressure and a rare lengthy outage of the company’s apps, sending shares down 4.8% and zapping away billions from CEO Mark Zuckerberg’s fortune. Zuckerberg’s fortune declined by $5.9 billion to a mere $117 billion in total. (He’s now the world’s sixth richest person.) Top lieutenent Sheryl Sandberg saw her wealth fall to $1.9 billion. Facebook stock came under pressure from two fronts: an unusually long outage of its namesake platform, Instagram and WhatsApp, a mistake likely costing the company tens of millions of dollars in revenue. (In the latest quarter, it brought in around $330 million a day in sales.) Facebook last suffered a blackout like this in 2019, when the network shut down for 14 hours. A decade earlier, in 2008, it went dark for a day. Monday’s outage affected internal systems at Facebook, too, making it impossible for employees to access emails, the internal messaging system known as Workplace, even reportedly some doors at company headquarters. https://www.forbes.com/sites/abrambr...h=2307467e56fc In the latest quarter, it brought in around $330 million a day in sales :eek7 |
Tomorrow's News: Zuckerberg make $10 Billion as Facebook stock soars amid news Instagram will now allow porn!!
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I lost nothing
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I would not even notice it if not all the media drama about it
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That's small number compare with his earnings
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That "whistleblower" is such a disingenuous story. Oh no, Facebook doesn't censor enough. It's an embarrassment to anyone who cares about journalism that anyone is giving that "story" exposure.
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Zuckerberg Loses $5.9 Billion In A Day As Facebook Faces Rare Outage
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Zuck the reptilian.
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https://i.insider.com/60c1df2b23393a...36&format=jpeg Quote:
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The worst fear of every billionaire is to become a millionaire.
There is enough offshore wealth stashed away to protect every billionaire from this ever happening. |
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