Facebook has been under fire for a while now - misuse of data, privacy issues and more.
This Thursday, following a horrible quarterly report with lower-than-expected revenue and low daily active users, Facebook posted the largest single-day loss in market value by any company in U.S. history. They had peaked at about $630 billion.
Mark Zuckerberg himself lost approximately 17 billion.
via CNBC
Looking at the list of the largest "losers" there are plenty of winning companies in their ranks, but, Facebook expects their revenue growth rate to continue to slow.
Do you think Facebook will still be a major player in the next 5 years?
Here Are Some Links For Your Weekly Reading - August 5th, 2018
Here are some of the posts that caught my eye recently. Hope you find something interesting.
Lighter Links
Posted at 08:25 PM in Business, Current Affairs, Gadgets, Healthy Lifestyle, Ideas, Just for Fun, Market Commentary, Personal Development, Science, Trading, Trading Tools, Travel, Web/Tech | Permalink | Comments (0)
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