Facebook Stock Falls $119 Billion in Worst Stock Drop in History

in #money • 6 years ago

by revoltingpeasant 27 July 2K18

Facebook (FB) public share value dropped a record $119 Billion on Thursday, another seismic shock for the social media giant that has been absorbing blows due to political complicity, stagnating daily user numbers, and controversial policies regarding censorship and its handling of client data.

The stock drop reportedly saw FB CEO Mark Zuckerberg take a hit of approximately $16 billion to his net worth.

Meanwhile, the relatively new, uncensored, and block-chain based FB competitor steemit recently exceeded one million users.

#news #steemit #crypto #blockchain
6 years ago in #money by
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     5 years ago 

    Congratulations @revotingpeasant! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

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       5 years ago 

      Congratulations @revotingpeasant! You received a personal award!

      Happy Birthday! - You are on the Steem blockchain for 1 year!

      You can view your badges on your Steem Board and compare to others on the Steem Ranking

      Vote for @Steemitboard as a witness to get one more award and increased upvotes!
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