Money Mark Zuckerberg's change of heart just cost him $3.3 billion

06:05  14 january  2018
06:05  14 january  2018 Source:   Bloomberg

CEO Zuckerberg sets 2018 goal - 'fix' Facebook

  CEO Zuckerberg sets 2018 goal - 'fix' Facebook <p>Facebook Inc Chief Executive Mark Zuckerberg said on Thursday his goal for 2018 was to put the business he co-founded on a more solid footing, a break with his longstanding practice of setting a purely personal annual goal.</p>"The world feels anxious and divided, and Facebook has a lot of work to do," Zuckerberg, at 33 one of the world's wealthiest people, wrote in a post on the No. 1 social media network. In past years, his New Year's resolutions have included learning Mandarin, reading two books a month and traveling to U.S. states he had not yet visited.

Mark Zuckerberg ’ s latest Facebook post is proving expensive. The co-founder of the world’s largest social-media business saw his fortune fall $ 3 . 3 billion Friday after Facebook Changes Could Mean Less Time Spent on Site; Shares Fall. U.S. 2-Year Yield Tops 2% for First Time Since Financial Crisis.

Facebook’ s Mark Zuckerberg saw his fortune fall .9 billion after he posted plans to shift users’ news feeds toward content from family, friends at the expense of material from businesses. Last Published: Sat, Jan 13 2018.

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Mark Zuckerberg’s latest Facebook post is proving expensive.

Instagram Stories For WhatsApp Launching This Year

  Instagram Stories For WhatsApp Launching This Year Facebook is currently testing a feature that would enable users to share their Instagram Stories straight to WhatsApp.TechCrunch reported Thursday that Facebook is currently looking to bring the Snapchat-like feature that patches photos and videos into a slide show to WhatsApp. The company is now testing a feature that allows users to post their Instagram Stories directly to WhatsApp in Brazil. While testing is limited to a single country at present, Facebook has said that it intends to roll out the feature to many users later this year.

Mark Zuckerberg ’ s latest Facebook post is proving expensive. The co-founder of the world’s largest social-media business saw his fortune fall $ 3 . 3 billion Friday after he posted plans to shift users’ news feeds toward content from family and friends at the NY City sues oil companies over climate change .

Mark Zuckerberg ’ s latest Facebook post is proving expensive. Shares of Menlo Park, California-based Facebook tumbled 4.5 percent on Friday in New York, cutting Zuckerberg ’ s fortune to billion on the Bloomberg Billionaires Index.

The co-founder of the world’s largest social-media business saw his fortune fall $3.3 billion Friday after he posted plans to shift users’ news feeds toward content from family and friends at the expense of material from media outlets and businesses.

Shares of Facebook tumbled 4.5 percent Friday, cutting Zuckerberg’s fortune to $74.4 billion on the Bloomberg Billionaires Index, costing him his place as the world’s fourth-richest person.

The drop wipes out much of the $4.5 billion Zuckerberg, 33, has added so far this year. The world’s 500 richest people gained $1 trillion in 2017 and an additional $17 billion in the first two weeks of 2018, according to the Bloomberg index.


Facebook Says Social Media Not Always Healthy for Democracy .
Facebook Inc. acknowledged that social media can have a negative impact on democracies, and that the company has more work to do in order to ensure that the good outweighs the bad. “From the Arab Spring to robust elections around the globe, social media seemed like a positive,” Katie Harbath, who runs the Facebook team that builds relationships with governments around the world, wrote in a blog post. “The last U.S. presidential campaign changed that, with foreign interference that Facebook should have been quicker to identify, to the rise of ‘fake news’ and echo chambers.

Source: http://ca.pressfrom.com/news/money/-59715-mark-zuckerbergs-change-of-heart-just-cost-him-3-3-billion/

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