@the_news_21
Facebook saw a huge dip in its share price more than $230 billion, in a record daily loss for a US firm, the BBC reported. Its shares fell 26.4 per cent after quarterly figures disappointed investors.
Meta also said that Facebook’s daily active users (DAUs) had dropped for the first time in its 18-year history.
Even after that drop, Mark Zuckerberg has an estimated net worth of almost $90 billion, which means he is still one of the richest people in the world, the report said.
TheNews21 is India’s independent digital news and investigative platform founded by senior journalist Vivek Bhavsar. From our Mumbai newsroom, we expose corruption, analyse political power, track governance and public policy, and report on issues that directly impact citizens. Alongside investigations, we bring credible coverage of national politics, economy, foreign affairs, business, crime, and civic matters. Our journalism stands firmly on the principles of independence, accuracy, and public interest — No Fear, No Favour.
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