Mark Zuckerberg loses USD 3 billion after Meta outage: Shocking details here
9 months, 2 weeks ago

Mark Zuckerberg loses USD 3 billion after Meta outage: Shocking details here

India TV News  

Mark Zuckerberg, the CEO of Meta experienced a substantial loss of around USD 3 billion in a single day after the global outage surfaced and affected the company's flagship platforms- Facebook and Instagram. The outage resulted in a 1.6 per cent decrease in Meta’s share, contributing to the breakage of Mark Zuckerberg's net worth. Global outage impact on Meta Users across the world encountered trouble accessing Facebook, Instagram, YouTube and Threads. Additionally, Meta Quest users, on the other hand, witnessed login issues with their headsets, while some YouTube users reportedly encountered error messages while trying to access the page.

Billion Instagram Users Outage Meta Facebook Mark Zuckerberg Usd  outage  details  meta  mark  zuckerberg  billion  instagram  facebook  error  usd  youtube  shocking  users  loses

History of this topic

Court allows multi-billion dollar lawsuit against Meta; privacy breach comes back to haunt Zuckerberg
1 month ago

Court allows multi-billion dollar lawsuit against Meta; privacy breach comes back to haunt Zuckerberg

Firstpost  

This brings yet another legal challenge for Meta and its CEO, Mark Zuckerberg, stemming from the misuse of 87 million Facebook users’ data during the 2016 US presidential campaign The Supreme Court is allowing a multibillion-dollar class action investors’ lawsuit to proceed against Facebook parent Meta, stemming from the privacy scandal involving the Cambridge Analytica political consulting firm. The high …

Elon Musk once again richer than Mark Zuckerberg: Why latter lost $18 billion
7 months, 3 weeks ago

Elon Musk once again richer than Mark Zuckerberg: Why latter lost $18 billion

Hindustan Times  

Shares of Meta Platforms Inc. tumbled by 11% on Thursday, making Elon Musk, 52, overtake Mark Zuckerberg, 39. The two billionaires moved places earlier this month when the news broke that Tesla's car sales dropped in the three months leading up to March causing Mark Zuckerberg to overtake Elon Musk for the first time since 2020. The fight between the …

Meta reports revenue jump as Zuckerberg sees stock volatility over AI plans
7 months, 4 weeks ago

Meta reports revenue jump as Zuckerberg sees stock volatility over AI plans

The Hindu  

Meta on Wednesday reported quarterly revenue of $36.46 billion, up by 27%, when compared to last year, as CEO Mark Zuckerberg hailed the company’s AI product releases and stressed on his aim to share them with more customers and begin monetising the offerings. Zuckerberg pointed out that the new Meta AI chatbot, powered by the company’s open source and most …

Mark Zuckerberg's wealth plunges after Meta shares sink 13% in one day
7 months, 4 weeks ago

Mark Zuckerberg's wealth plunges after Meta shares sink 13% in one day

Daily Mail  

Meta shares crashed in after-hours trading Wednesday after the company warned profits will slip over the summer. Meta says it will see second quarter revenue between $36.5 and $39 billion. Shares were also hit after Meta said it expects overall expenses this year to be higher than it previously forecast - as the Facebook parent spends heavily to roll out …

Facebook, Instagram outage: Memes on X mock Mark Zuckerberg and his India visit
9 months, 2 weeks ago

Facebook, Instagram outage: Memes on X mock Mark Zuckerberg and his India visit

Hindustan Times  

Facebook-Instagram Global Outage: Meta platforms Facebook, Instagram, Threads, and Messenger suffered a brief outage on Tuesday evening when thousands of users in India and several other countries were unable to access the platforms or logged out from them for over an hour. #Instagramdown, Facebook and Mark Zuckerberg were trending on the social media platform as users expressed how they were …

Meta's millions lost: How much did Zuckerberg lose after Facebook, Instagram global outage
9 months, 2 weeks ago

Meta's millions lost: How much did Zuckerberg lose after Facebook, Instagram global outage

Hindustan Times  

Social media went dark on Tuesday, March 5th, 2024, as a major outage swept across Meta's platforms globally. The reason behind the Meta global outage All of Meta's owned social media platforms faced technical glitches, similar to those in 2021, resulting in a 7-hour outage. A Facebook insider informed DailyMail.com that their internal systems were down during the outage, with …

What caused Facebook and Instagram outage? Meta explains
9 months, 2 weeks ago

What caused Facebook and Instagram outage? Meta explains

Hindustan Times  

Many users worldwide, including in India, encountered login issues with Meta platforms Facebook and Instagram that were down for more than a couple of hours on Tuesday evening before being restored. The network outage problem across Google and Meta apps was reported around 9pm, as per network outage tracking platform Down Detector. Meta acknowledged the widespread issues affecting their platforms …

Facebook, Instagram back after 2-hour long global outage
9 months, 2 weeks ago

Facebook, Instagram back after 2-hour long global outage

Hindustan Times  

Meta's Facebook and Instagram are up again after a two-hour long outage. Earlier in the day, Meta's Facebook, Instagram and Threads platforms suffered a massive global outage, with users from India and other countries complaining of being locked out of their accounts. Users of Meta's Facebook, Instagram, Threads and Messenger platforms are experiencing login issues in what appears to be …

Elon Musk takes dig at Meta as Instagram, Facebook face global outage
9 months, 2 weeks ago

Elon Musk takes dig at Meta as Instagram, Facebook face global outage

Live Mint  

Just as Instagram, Facebook, Threads and Messenger platforms faced global outage for over 30 minutes leaving users struggling to log into their accounts, Elon Musk took a jibe at Meta in a post on X. Taking a jibe at Meta, Elon Musk said, “If you’re reading this post, it’s because our servers are working,” prompting immediate reactions from users on …

Instagram, Facebook down: Meta issues first response to global outage
9 months, 2 weeks ago

Instagram, Facebook down: Meta issues first response to global outage

Hindustan Times  

Meta acknowledged issues with its social media platforms, saying that the company is actively working to resolve the problem. We are working on this now," Meta spokesperson Andy Stone said in a post on X social media on Tuesday. Instagram, Facebook down Meta is currently facing widespread outages, leading to disruptions on global platforms such as Instagram, Facebook, Threads, and …

Mark Zuckerberg's love for cage matches a major risk for Meta, say concerned investors
10 months, 2 weeks ago

Mark Zuckerberg's love for cage matches a major risk for Meta, say concerned investors

Hindustan Times  

Meta has been in the news over the past week due to its massive surge in share price after stellar quarterly reports. However, the investors of the company are now concerned over CEO Mark Zuckerberg's extracurricular activities, more specifically, his love for cage matches. Meta's CEO and Facebook founder Mark Zuckerberg Mark Zuckerberg has expressed his interest and participated in …

Zuckerberg announces $50bn payout for Meta shareholders amid child safety concerns
10 months, 3 weeks ago

Zuckerberg announces $50bn payout for Meta shareholders amid child safety concerns

The Telegraph  

Mark Zuckerberg’s Meta will pay up to $50bn to shareholders after it posted record revenues, sending profits soaring by 200pc. Quarterly profits climbed threefold to $14bn as Meta’s advertising sales staged a marked recovery after it implemented sweeping layoffs last year in a drastic effort to cut costs. Mr Zuckerberg also announced the social network giant, which turns 20 this …

Meta CEO Mark Zuckerberg repeatedly shut down calls from execs to improve teen safety on Facebook and Instagram and to shut down 'beauty filters,' court documents claim
1 year, 1 month ago

Meta CEO Mark Zuckerberg repeatedly shut down calls from execs to improve teen safety on Facebook and Instagram and to shut down 'beauty filters,' court documents claim

Daily Mail  

META CEO Mark Zuckerberg personally shut down calls to improve teen wellbeing on Facebook and Instagram, bombshell court documents claim. Meta CEO Mark Zuckerberg allegedly blocked calls to improve teen well-being on the app The lawsuit filed last month in Massachusetts state court alleges that Meta - and Zuckerberg - have 'relentlessly prioritized targeting these young users and has tailored …

Meta CEO Mark Zuckerberg's net worth surges over $10 billion after strong results, 2 layoff rounds
1 year, 7 months ago

Meta CEO Mark Zuckerberg's net worth surges over $10 billion after strong results, 2 layoff rounds

India TV News  

Meta founder and CEO Mark Zuckerberg's net worth surged by $10.2 billion after the company posted strong quarterly results, leading to its shares rising by nearly 14 per cent, as the company announced two rounds of layoffs impacting 21,000 employees in recent months. Meta posted revenue of $28.65 billion, an increase of 3 per cent year-over-year and beating Wall Street …

Facebook parent Meta posts solid 1Q results, stock soars
1 year, 7 months ago

Facebook parent Meta posts solid 1Q results, stock soars

Associated Press  

Facebook parent company Meta’s first-quarter results surpassed Wall Street’s modest expectations on both profit and revenue, sending its stock soaring in after-hours trading. “We’re also becoming more efficient so we can build better products faster and put ourselves in a stronger position to deliver our long term vision.” Meta Platforms Inc. said Wednesday it earned $5.71 billion, or $2.20 per …

Boost for Mark Zuckerberg as Facebook-owner Meta breaks year-long slump
1 year, 7 months ago

Boost for Mark Zuckerberg as Facebook-owner Meta breaks year-long slump

The Telegraph  

Shares in Facebook’s parent company Meta soared last night as it broke a losing streak to post its first rise in sales in a year. However, profits fell by 24pc and the company revealed a big drop in sales at its virtual reality division, showing that Mark Zuckerberg’s expensive bet on the metaverse is stuttering. The company’s overall revenue rise, …

Meta paid CEO Mark Zuckerberg $2.3 million for private jet travel in 2022 amidst laying off employees
1 year, 8 months ago

Meta paid CEO Mark Zuckerberg $2.3 million for private jet travel in 2022 amidst laying off employees

India Today  

Meta CEO Mark Zuckerberg made headlines last month when it was announced that Meta would be laying off another 10,000 employees. And now, as per a Business Insider report, Meta, in a proxy statement filed on Friday, disclosed that it spent nearly USD 2.3 million in 2022 on Mark Zuckerberg's private jet travel. Meta CEO's private jet expenses A previous …

Why Zuckerberg's Meta has undertaken second round of layoffs slashing 10k jobs?
1 year, 9 months ago

Why Zuckerberg's Meta has undertaken second round of layoffs slashing 10k jobs?

Hindustan Times  

Meta Platforms Inc. plans to lay off around 10,000 employees and close about 5,000 additional open roles in its second major round of job cuts in the past six months. As part of those efforts, Meta is flattening the organization, canceling lower priority projects and slowing hiring, Chief Executive Officer Mark Zuckerberg said in a statement on Tuesday. But Zuckerberg …

Don't Focus On Teens With Metaverse: US Senator to Meta CEO Zuckerberg
1 year, 9 months ago

Don't Focus On Teens With Metaverse: US Senator to Meta CEO Zuckerberg

News 18  

US Senators have urged Meta Founder and CEO Mark Zuckerberg to stop plans to open its metaverse platforms to teenagers. Meta may open access to its social virtual reality platform Horizon Worlds for users aged 13 to 17 this month as it struggles to grow its VR business. According to TechCrunch, Senators Richard Blumenthal and Ed Markey wrote a letter …

Facebook-owner Meta to roll out paid subscription
1 year, 10 months ago

Facebook-owner Meta to roll out paid subscription

The Hindu  

Facebook and Instagram owner Meta will launch a paid subscription service starting at $11.99 a month allowing users to verify their accounts, CEO Mark Zuckerberg announced Sunday, following a similar move by Elon Musk at Twitter. Meta Verified, which will roll out first in Australia and New Zealand this week, will let users verify an "account with a government ID, …

Meta posts upbeat outlook, plans $40 billion buyback
1 year, 10 months ago

Meta posts upbeat outlook, plans $40 billion buyback

Live Mint  

BY SALVADOR RODRIGUEZ | UPDATED 2月 01, 2023 06:12 晚上 EST Social-media giant plans to buy back additional $40 billion in shares, says its costs are set to decline and its global users increased Facebook parent Meta Platforms Inc. reported improving conditions in its underlying business and said it would buy back an added $40 billion in shares, a turnabout …

Another round of Meta layoffs soon? Mark Zuckerberg questions manager roles
1 year, 10 months ago

Another round of Meta layoffs soon? Mark Zuckerberg questions manager roles

Live Mint  

Is Facebook and Instagram owned Meta planning another round of layoffs? Its founder and CEO Mark Zuckerberg's recent comments on managers has raised eyebrows and apprehensions of phase 2 of pink slips coming soon. After laying off 11,000 employees from his company Zuckerberg still thinks many layers of management are a waste of resource and the managers who build big …

Meta agrees to settle Cambridge Analytica lawsuit for a record $725 million
2 years ago

Meta agrees to settle Cambridge Analytica lawsuit for a record $725 million

Firstpost  

The $725 million settlement in the Cambridge Analytica data scandal, will see that Meta, once again, admits to no wrongdoing and get away with irresponsibly handling user data. In a year which saw them lose some of the platform’s most avid advertisers, as well as an abysmal failure of their star Metaverse project, Horizon Worlds, Meta will now have to …

Facebook parent Meta to settle Cambridge Analytica scandal case for $725 million
2 years ago

Facebook parent Meta to settle Cambridge Analytica scandal case for $725 million

Live Mint  

Facebook owner Meta Platforms Inc has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to access users' personal information. The proposed settlement, which was disclosed in a court filing late on Thursday, would resolve a long-running lawsuit prompted by revelations in 2018 that Facebook had allowed …

Facebook owner Meta lays off 13% of its employees, announces hiring freeze for Q1
2 years, 1 month ago

Facebook owner Meta lays off 13% of its employees, announces hiring freeze for Q1

The Hindu  

Meta, in a blog post, on Wednesday shared that it will be firing 13% of its workforce around 11,000 employees. In a direct message to employees, Meta CEO Mark Zuckerberg said that staff reductions will be made across the company’s family of apps and Reality Labs. Meta, like other social media companies, enjoyed a financial boost during the pandemic lockdown …

Mark Zuckerberg says 'sorry' as Meta fires 11,000 employees. Read full statement
2 years, 1 month ago

Mark Zuckerberg says 'sorry' as Meta fires 11,000 employees. Read full statement

Hindustan Times  

Meta Platforms Inc said on Wednesday it will let go of 13% of its workforce, or more than 11,000 employees, in one of the biggest tech layoffs this year as the Facebook parent battles soaring costs and a weak advertising market, Reuters reported. Mark Zuckerberg issues ‘Sorry’ statement In his Facebook post, Mark Zuckerberg said that he is ‘sorry’ and …

Facebook parent company Meta will lay off 11,000 employees
2 years, 1 month ago

Facebook parent company Meta will lay off 11,000 employees

CNN  

New York CNN Business — Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the most significant job cuts in the tech giant’s history. “Today I’m sharing some of the most difficult changes we’ve made in Meta’s history,” CEO Mark Zuckerberg wrote in a blog post to employees. “I’ve decided to reduce the size of …

Meta Facebook layoff firing mass lay off twitter elon musk q3 earnings mark zuckerberg
2 years, 1 month ago

Meta Facebook layoff firing mass lay off twitter elon musk q3 earnings mark zuckerberg

ABP News  

San Francisco: After mass layoffs at Twitter, it is another Big Tech company's turn as the Mark Zuckerberg-led Meta is reportedly set to lay off 'thousands' of employees this week. The company declined to comment, referring to Zuckerberg's recent statement that the company would "focus our investments on a small number of high priority growth areas." In June, Meta's chief …

Column: Meta and Twitter show the drawbacks of giving self-satisfied billionaires too much power
2 years, 1 month ago

Column: Meta and Twitter show the drawbacks of giving self-satisfied billionaires too much power

LA Times  

Meta CEO Mark Zuckerberg announces the new name for his company, formerly Facebook, in October 2021. Back in the prehistoric era — in 2012, when Facebook staged one of the most hyped initial public stock offerings of all time — I warned the company’s newly minted shareholders that they had become wedded to Mark Zuckerberg. The stock reached its all-time …

Meta’s Calamitous Week Won’t Stop Mark Zuckerberg’s Plans
2 years, 1 month ago

Meta’s Calamitous Week Won’t Stop Mark Zuckerberg’s Plans

Slate  

This article is from Big Technology, a newsletter by Alex Kantrowitz. “It’s some of the most historic work that we’re doing.” Apple’s anti-tracking iOS changes are hampering Meta, having been projected to deliver a $10 billion revenue hit this year, but they haven’t destroyed the business. “Deceleration was inevitable, and that’s mostly what we are seeing.” The biggest threat to …

Zuckerberg calls for patience as costs soar
2 years, 1 month ago

Zuckerberg calls for patience as costs soar

Live Mint  

Meta Platforms Inc. chief executive officer Mark Zuckerberg asked investors for patience with the social-media giant’s swelling investments in unproven bets at an already-challenging time for digital-advertising companies. On a call Wednesday, Zuckerberg sought to justify Meta’s ballooning costs to fund its version of virtual reality, the metaverse, as well as the artificial intelligence fuelling major changes to its social …

Meta's Q3 Sales Slip 4%. Mark Zuckerberg Says 3.7 Billion People Use One Of Meta's Apps Monthly
2 years, 1 month ago

Meta's Q3 Sales Slip 4%. Mark Zuckerberg Says 3.7 Billion People Use One Of Meta's Apps Monthly

ABP News  

Meta was logged a 4 per cent year-on-year revenue loss, while missing Wall Street estimates on the bottom line in the third quarter as significant metaverse investments continued to eat into earnings, reported Variety. Mark Zuckerberg, chief executive officer of Meta Platforms, in his Facebook statement said 3.7 billion people use one of Meta's apps monthly. Meta clocked total revenue …

Meta investors call Zuckerberg's metaverse project 'terrifying': Report
2 years, 1 month ago

Meta investors call Zuckerberg's metaverse project 'terrifying': Report

Hindustan Times  

Wall Street is losing patience over Meta boss Mark Zuckerberg's enormous and experimental bets on his metaverse project that helped drive up the company's overall costs by a fifth in the third quarter. Investors rushed to dump Meta Platforms Inc's stock after hours, pushing it down 20% and wiping $67 billion off its market value after the company posted its …

Investors punish Zuckerberg as costly metaverse pitch falls flat
2 years, 1 month ago

Investors punish Zuckerberg as costly metaverse pitch falls flat

The Hindu  

Wall Street is losing patience over Meta boss Mark Zuckerberg's enormous and experimental bets on his metaverse project that helped drive up the company's overall costs by a fifth in the third quarter. The Facebook-parent said its overall expenses could rise as much as 16% next year and anticipates that operating losses at Reality Labs - the unit responsible for …

Why Mark Zuckerberg’s Metaverse vanity project threatens to destroy Facebook
2 years, 1 month ago

Why Mark Zuckerberg’s Metaverse vanity project threatens to destroy Facebook

The Telegraph  

His push into virtual worlds is increasingly seen by investors as an expensive hobby. Meta employees have taken to calling metaverse projects “make Mark happy” or MMH, according to a report in the New York Times. Yet on Wednesday, an increasingly isolated Zuckerberg – who lost former right-hand woman Sheryl Sandberg earlier this year – insisted he was heading down …

Facebook parent Meta’s revenue, profit decline amid ad slump
2 years, 1 month ago

Facebook parent Meta’s revenue, profit decline amid ad slump

Associated Press  

Facebook parent Meta on Wednesday reported that its revenue declined for a second consecutive quarter, hurt by falling advertising sales as it faces competition from TikTok’s wildly popular video app. “We’re approaching 2023 with a focus on prioritization and efficiency that will help us navigate the current environment and emerge an even stronger company.” Meta said it expects staffing levels …

Mark Zuckerberg loses 119 million followers on Facebook
2 years, 2 months ago

Mark Zuckerberg loses 119 million followers on Facebook

India TV News  

Meta founder and CEO Mark Zuckerberg lost 119 million followers on Facebook due to reasons unclear reasons on Wednesday. “We're aware that some people are seeing inconsistent follower count on their Facebook profiles. One of them includes exiled Bangladeshi writer Taslima Nasreen claimed to have lost close to 8,00,000 followers. "Facebook created a tsunami that wiped away my almost 900,000 …

Mark Zuckerberg hints at lay offs at Meta in future, feels there are many employees doing nothing
2 years, 4 months ago

Mark Zuckerberg hints at lay offs at Meta in future, feels there are many employees doing nothing

India Today  

Meta is bracing for a tough quarter ahead. Recently, its CEO, Mark Zuckerberg, made it very clear that Meta has some, if not many workers, who probably don't belong at the company. As pointed out by The Verge, Zuckerberg, in an internal call with employees, even went ahead to cancel Meta Days -- extra vacation days for employees introduced during …

Facebook Owner Meta Reports Revenue Decline For The First Time In Q2 Earnings
2 years, 4 months ago

Facebook Owner Meta Reports Revenue Decline For The First Time In Q2 Earnings

ABP News  

Meta Platforms clocked its first ever quarterly decline in revenue on Wednesday, Reuters reported. Citing Refinitiv, Reuters mentioned total revenue, which consists almost entirely of ad sales, fell 1 per cent to $28.8 billion in the second quarter ended June 30, from $29.1 billion last year. Monthly active users on Facebook came in slightly under analyst expectations at 293 crore …

As Zuckerberg bets on TikTok-style videos, Meta heads for first-ever revenue drop
2 years, 4 months ago

As Zuckerberg bets on TikTok-style videos, Meta heads for first-ever revenue drop

The Hindu  

Meta's future may lie in the metaverse, but when the company reports results on Wednesday, investors will be focused on two more immediate bets: pumping up short-video offering Reels to compete with TikTok and rebuilding its ads system after Apple throttled access to user data. Meta is also investing heavily to rebuild its ads system around its own user data, …

Facebook Owner Meta Cuts Hiring Plans By 30 Per Cent On Economic Slowdown Risks
2 years, 5 months ago

Facebook Owner Meta Cuts Hiring Plans By 30 Per Cent On Economic Slowdown Risks

ABP News  

Meta Platforms, the owner of Facebook, has cut plans to hire engineers by at least 30 per cent this year, according to a report by Reuters. According to the report, Meta CEO Mark Zuckerberg told employees about the decision as he warned them to brace for a deep economic slowdown. Zuckerberg also said the company was leaving certain positions unfilled …

Facebook founder Mark Zuckerberg delivers harsh message to employees
2 years, 5 months ago

Facebook founder Mark Zuckerberg delivers harsh message to employees

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy As tech stocks take a tumble amid a broader market downturn, Meta chief …

Mark Zuckerberg thinks a billion people will join him in the metaverse
2 years, 6 months ago

Mark Zuckerberg thinks a billion people will join him in the metaverse

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Mark Zuckerberg has predicted that a billion people will join his virtual reality …

Explained: The tumbling of Meta platforms’ shares
2 years, 10 months ago

Explained: The tumbling of Meta platforms’ shares

The Hindu  

The story so far: The shares of Meta Platforms, the parent company of social media giant Facebook, crashed by as much as 25% on Thursday, wiping out over $200 billion from the company’s market value. THE GIST The shares of Meta Platforms crashed by as much as 25% on Thursday, wiping out over $200 billion from the company’s market value. …

Mark Zuckerberg loses another $2 billion in net worth as Facebook stock continues to slide
2 years, 10 months ago

Mark Zuckerberg loses another $2 billion in net worth as Facebook stock continues to slide

Daily Mail  

Facebook stock has ended its sharp sell-off, after CEO Mark Zuckerberg lost some $30 billion in net worth, while Jeff Bezos saw his wealth soar by $20 billion as Amazon stock surged. Facebook stock has ended its sharp sell-off, after CEO Mark Zuckerberg lost some $30 billion in net worth Facebook parent Meta's stock ended Friday's session at $237.09, roughly …

Mukesh Ambani, Gautam Adani richer than Mark Zuckerberg after Meta stock shock
2 years, 10 months ago

Mukesh Ambani, Gautam Adani richer than Mark Zuckerberg after Meta stock shock

India Today  

Billionaire industrialists Mukesh Ambani and Gautam Adani are now richer than Mark Zuckerberg. This happened after Zuckerberg lost USD 29 billion in net worth on Thursday as Facebook owner Meta Platforms Inc's stock marked a record one-day plunge. META STOCK DOWN Meta's stock fell 26 per cent, erasing more than USD 200 billion in the biggest ever single-day market value …

Mukesh Ambani, Gautam Adani richer than Mark Zuckerberg as Meta loses over $251 billion in market value
2 years, 10 months ago

Mukesh Ambani, Gautam Adani richer than Mark Zuckerberg as Meta loses over $251 billion in market value

Op India  

Mark Zuckerberg lost as much as $31 billion on Thursday as Meta Platforms Inc’s stock plunged 26 per cent, erasing nearly $251 billion in market value. According to the reports, the biggest ever single-day market value wipeout has pulled down founder and Chief Executive Officer Zuckerberg’s net worth to $85 billion. As per reports, the overall stock value of Meta …

Meta Loses $230 Billion Of Market Value: 13 Things To Know About The Worst Ever Market Crash
2 years, 10 months ago

Meta Loses $230 Billion Of Market Value: 13 Things To Know About The Worst Ever Market Crash

ABP News  

New Delhi: Meta, formerly Facebook, lost over $230 billion of market value in early trading on Thursday, with the shares of Facebook falling over 25 per cent. The shares of the Facebook parent company fell after Meta's dismal quarterly earnings report showed declining users and surging expenses related to the company's metaverse project, according to a Forbes report. The collapse …

Facebook stock tumbles 25%; Mukesh Ambani, Gautam Adani wealthier than Mark Zuckerberg
2 years, 10 months ago

Facebook stock tumbles 25%; Mukesh Ambani, Gautam Adani wealthier than Mark Zuckerberg

India TV News  

Highlights Markets hammer Facebook stock 25%, valuation tanks $230 billion Now, Mark Zuckerberg slips behind Mukesh Ambani, Gautam Adani This is a crash of about $230 billion from the social media networking giant's market capitalisation The pivot to Meta isn't helping Mark Zuckerberg's Facebook. At $87.7 billion, he slipped to No 12 in the Forbes real-time billionaires index - marginally …

Discover Related