Facebook's losses of 330 million dollars

in #facebook7 years ago

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At the beginning of the year, social media decided to make Facebook more friendly. Facebook has decided to show more status of friends, comments, videos and more by reducing the posts of brand, business and media pages. In this, social contacts among people will increase, it seems that Facebook co-founder Mark Zuckerberg He also gave a status on Thursday from his personal Facebook page.

And that status has become black. After the announcement of Zuckerberg, Facebook shares fell 4 percent in the stock market in one day. And Facebook's losses are about 330 million US dollars.

But before that something that was going to happen was known to Zuckerberg He said in his status, "You can see business, brand and media posts less when newsfeed changes. But I know that people will spend less time on Facebook, which will affect many things. But as long as people use Facebook, we will ensure that the time is better.

Facebook's sudden losses have been hit by the news of its partners. However, Facebook is still about $ 5 billion in the world's most valuable social networking companies. With that, Mark Zuckerberg is still one of the top 10 richest people in the world.

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A short term loss for Mark, but he is in it for the long term game. Facebook has been getting negative PR from recent Exec's who explain how the Facebook platform and culture is toxic and addictive.

Thanks for sharing!

I had no idea the impact was so large, but simultaneously small. Thanks for this.

This post has received a 0.18 % upvote from @drotto thanks to: @samiulsohel.

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