Report: Zuckerberg loses $7bn as Facebook, WhatsApp, Instagram collapse
The net worth of Mark Zuckerberg, founder and chief executive officer (CEO) of Facebook, fell by nearly $7 billion in a few hours after the company’s flagship products collapsed. According to Bloomberg, a selloff plummeted Facebook’s stock around 5 percent on Monday.
The stock slide dropped Zuckerberg’s worth to $128 billion on the Bloomberg Billionaires Index.
Apart from the shutdown, a whistleblower had earlier revealed that the company prioritised profit over the public good.
Frances Haugen, a 37-year-old former Facebook employee, alleged that Facebook knows its platforms are used to spread hate, violence and misinformation, and that the company tried to hide that evidence.She filed complaints with the Securities and Exchange Commission (SEC) that the company is hiding research about its shortcomings from investors and the public.
WhatsApp, Instagram, and Facebook all gone down in what appeared to be another global outage.
According to data on Downdetector, the three social media platforms — owned by Mark Zuckerberg — completely stopped working shortly before 5 pm (GMT+1) on Monday, leaving millions of users worried.
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:
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14:31
Opposition MP slams Pashinyan for crackdown on protesters in border village
Opposition Hayastan faction MP Artsvik Minasyan on Thursday denounced Prime Minister Nikol Pashinyan for a violent police crackdown on...
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13:36
Judge Naira Hovsepyan removed from SJC
Judge Naira Hovsepyan of the Court of Cassation has been dismissed as a member of Armenia’s Supreme Judicial Council (SJC) at her own...
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13:06
Archbishop, opposition MPs denied entry into Armenian border village
Archbishop Bagrat Galstanyan, Primate of the Tavush Diocese of the Armenian Apostolic Church, as well as opposition MPs on Thursday were barred...
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12:35
Tavush movement calls for continued protests against land handover to Azerbaijan
The Tavush for the Homeland civil movement calls for continued protests against the unilateral territorial concessions to Azerbaijan across...
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11:53
Armenian Interior Ministry says demining conducted near Tavush village
The Armenian Interior Ministry said a large number of police forces were deployed to Kirants, a border village in Armenia’s Tavush...
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11:25
Police detain protesters blocking key highway in Armenia's Tavush
Police officers on Thursday detained male protesters blocking a section of an interstate highway connecting Armenia and Georgia near Kirants, a...
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11:00
U.S. condemns 'foreign agents' law in Georgia
The U.S. State Department on Wednesday issued a statement condemning the “foreign influence” legislation advanced in...
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17:21
Opposition MP Levon Kocharyan's aide to be detained
Armenia’s law enforcement authorities have decided to detain Artur Sukoyan, an aide to opposition Hayastan faction MP Levon Kocharyan,...
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16:59
EU condemns violence against protesters in Georgia
Western politicians and diplomats have called for a halt to escalating violence in Georgia, after security forces used water cannon, teargas,...
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16:36
Ex-Yerevan mayor insists on Pashinyan's ouster
The new party set up by former Yerevan Mayor Hayk Marutyan held its founding congress on Wednesday.
Marutyan, who was ousted as mayor in a...
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16:04
Political analyst explains why Baku favors direct talks with Yerevan
Azerbaijan continues to insist on direct bilateral negotiations with Armenia without mediators.
Azerbaijan Foreign Minister Jeyhun Bayramov...
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15:32
Louvre considers moving Mona Lisa to her own basement room
France’s Louvre could move the Mona Lisa to her own basement room. Here’s why.
She’s the world’s most famous and...
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14:46
Armenian diplomats voice support for Tavush movement
The All-Armenian Council of Diplomats NGO has expressed support for ongoing protests against the unilateral territorial concessions to...
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13:34
Canada's opposition leader ejected from House of Commons
Conservative leader Pierre Poilievre was ejected from Canada's House of Commons after fiery exchanges with Prime Minister Justin...
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12:59
Families of soldiers killed in military barracks fire protest in Yerevan
The families of Armenian soldiers killed in a military barracks fire in January 2023 staged a protest in Yerevan’s central Republic Square...
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12:06
International Workers' Day celebrated on May 1
May 1 is celebrated in Armenia and more than 140 countries throughout the world as International Workers' Day, also known as Labor Day and...
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11:45
At least 19 killed in southern China road collapse
At least 19 people died when part of a highway collapsed in southern China's Guangdong province on Wednesday, AFP reported, citing...
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11:30
Pashinyan falsely blames Armenia's problems on trauma from 1915 genocide
By Harut Sassounian
TheCaliforniaCourier.com
With each passing day, Prime Minister Nikol Pashinyan’s statements contradicting...
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11:15
AstraZeneca admits its Covid vaccine can cause rare side effect
AstraZeneca has admitted for the first time in court documents that its Covid vaccine can cause a rare side effect, in an apparent about-turn...
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11:00
U.S. continues to work towards peace between Armenia, Azerbaijan – State Dept
U.S. Secretary of State Antony Blinken is personally deeply engaged in the normalization of relations between Armenia and Azerbaijan, State...
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22:29
Whatever has happened is the result of the double standards adopted by the law enforcement service
Today, an incident occurred in the National Assembly (NA) between Artur Sukoyan, Levon Kocharyan’s assistant, MP of the Armenia faction of...
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17:02
World Bank approves $116 million loan for Armenia
The World Bank’s Board of Executive Directors approved a Development Policy Operation (DPO) in the amount of $116 million equivalent for...
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16:45
Kate Middleton and Prince William mark 13th wedding anniversary with never-before-seen photo
Kate Middleton and Prince William have released a previously unseen photograph from their wedding day to mark their 13th wedding...
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16:32
Rain, thunderstorms expected in Armenia
Rain and thunderstorms coupled with strong winds are expected in Armenia’s regions on Tuesday and over the next five days.
Some parts...
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16:16
Armenian government says cannot guarantee safety of Tavush border residents – statement
The Tavush for the Homeland civil movement issued a statement following Monday’s meeting between Prime Minister Nikol Pashinyan and...
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15:36
German MP: No way back for Azerbaijan into PACE
German SPD MP Frank Schwabe, who heads the German delegation to the Parliamentary Assembly of the Council of Europe (PACE), has denounced...
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15:25
CoE chief welcomes Armenia-Azerbaijan border agreement
Council of Europe Secretary General Marija Pejčinović Burić has welcomed the deal on the delimitation of the Armenian-Azerbaijani border based...
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15:10
French ambassador returns to Azerbaijan after being recalled for consultations
French Ambassador to Azerbaijan Anne Bouillon has returned to Baku and has already resumed her diplomatic activities, the...
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14:51
Ex-ombudsman slams 'disgraceful' campaign against Tavush diocese leader
Former Armenian Human Rights Defender Arman Tatoyan has denounced as “disgraceful and unacceptable” the campaign of insults and...
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14:25
Armenia's Central Bank reduces refinancing rate to 8.25%
At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to decrease the key policy rate (refinancing rate) by 0.25...
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11:45 29/11/2022
Memorial plaque honoring Yeghishe Charents inaugurated in Yerevan
