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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13:14
Actor: March led by Tavush religious leader aimed at justice and truth
Famous actor Tigran Nersisyan has expressed support for the protest march against the land surrender to Azerbaijan led by Archbishop Bagrat...
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12:36
Brazil floods death toll rises to 83
The death toll from a series of catastrophic floods in the southern Brazilian state of Rio Grande do Sul has risen to at least 83, CNN reported...
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12:23
Pro-government MP has no comment on Tavush religious leader's statement
MP Artur Hovhannisyan, who represents Armenia’s ruling Civil Contact party, declined to comment on Archbishop Bagrat Galstanyan’s...
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11:36
Defense Ministry says no Azeri soldier spotted in Armenian border village
The Armenian Defense Ministry denies reports alleging that an Azerbaijani special forces soldier has been spotted in Kirants, a border village...
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11:16
India's PM casts his vote in world's largest elections
Prime Minister Narendra Modi voted early as India held the third phase of a massive general election on Tuesday, and called for a strong turnout...
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11:00
U.S. State Dept declines to comment on ambassador’s visit to Artsakh
U.S. Department of State spokesperson Matthew Miller has declined to comment on the trip of U.S. Ambassador to...
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17:00
Rains to persist this week
Rains and thunderstorms coupled with strong winds will persist across Armenia in the next few days.
Hail is also possible in some parts of...
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16:55
Drivers honk horns in support of Tavush marchers
A live video on Facebook shows drivers honking their horns in support of the people marching from Tavush Province to Yerevan.
The video was...
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16:36
Death toll from southern Brazil rainfall rises to 78
The death toll is rising as heavy rains continue to lash southern Brazil, driving floodwaters higher.
The storms and flooding in the...
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16:23
Opposition MP: Pashinyan's government 'terrified' by Tavush protest movement
Armenian Prime Minister Nikol Pashinyan’s government is “terrified” by the growing protest movement against the unilateral...
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15:36
Religious leader: Tavush movement not about idols
The protest movement in Armenia’s Tavush Province is not linked to any individuals, Archbishop Bagrat Galstanyan, Primate of the Tavush...
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14:56
U.S. ambassador visits Azerbaijani-occupied Shushi
U.S. Ambassador to Azerbaijan Mark Libby and his wife Danusia Libby on Monday traveled to the towns of Shushi and Fuzuli in Azerbaijani-occupied...
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14:33
Analyst reacts to Pashinyan's decision to skip Putin's inauguration
Analyst Sergei Melkonian, a research fellow at the Applied Policy Research Institute (APRI Armenia), has reacted to Armenian Prime Minister...
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13:57
Armenian sapper injured in mine blast hospitalized
An Armenian sapper, who was injured in a mine explosion in the border village of Kirants on Monday morning, was taken to the Ijevan Medical...
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13:36
Political analyst: List of Aliyev's Armenian 'ambassadors' now complete
Political analyst Suren Surenyants, the leader of the Democratic Alternative party, has denounced the government propaganda against the movement...
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13:03
Tavush movement resumes march to Yerevan
The Tavush for the Homeland movement resumed its march to Yerevan on Monday afternoon.
The march led by Archbishop Bagrat Galstanyan,...
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12:31
Pashinyan not to attend Putin's inauguration
Armenian Prime Minister Nikol Pashinyan will not attend the inauguration ceremony of Russian President Vladimir Putin, the Armenian parliament...
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12:06
Armenian serviceman injured in mine blast in border village
An Armenian serviceman conducting mine clearance in the border village of Kirants was injured in a mine explosion on Monday morning....
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11:45
Armenian civil society 'deeply concerned' about border delimitation in Tavush
In a statement released on May 2, Armenian civil society organizations expressed their deep concern over the ongoing border delimitation and...
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11:30
Armenian, Azeri FMs to meet on May 10
Armenian Foreign Minister Ararat Mirzoyan will hold talks with his Azerbaijani counterpart Jeyhun Bayramov in Kazakhstan on May 10, the Armenian...
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11:00
UN assistant secretary-general visiting Armenia
Ivana Živković, UN Assistant Secretary-General, UNDP Assistant Administrator and Director of the Regional Bureau for Europe and the Commonwealth...
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17:00
Rains to persist across Armenia
Heavy rains and thunderstorms coupled with strong winds will persist across Armenia over the weekend and next week.
Hail is also possible in...
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16:45
Ukraine unveils world's first AI-generated foreign ministry spokesperson
Ukraine on Wednesday presented an AI-generated spokesperson called Victoria who will make official statements on behalf of its foreign...
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16:36
March against land handover to Azerbaijan begins in Armenia
The Tavush for the Homeland movement on Saturday started a march from the border village of Kirants to Yerevan after prayers offered by...
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16:11
Tavush movement announces march to Yerevan
The Tavush for the Homeland movement will hold a march from the Armenian border village of Kirants to Yerevan to demand that Prime Minister...
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15:25
Expert: Azerbaijan's takeover of Armenia guaranteed under current government
The continued rule of Armenian Prime Minister Nikol Pashinyan’s government provides the only real guarantee for the takeover of...
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14:30
Azerbaijan destroys Pantheon of Heroes in Stepanakert
The Azerbaijani authorities continue with their policy of destroying memorial complexes honoring fallen heroes in occupied Artsakh...
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14:05
Floods and landslide kill more than a dozen people in Indonesia
Landslides and flooding triggered by heavy rains in Indonesia’s South Sulawesi province have killed at least 15 people after dozens of...
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13:36
German Armenian council expresses unwavering support for Tavush movement
The Central Council of German Armenians expresses its unwavering support to the Tavush for the Homeland movement and is concerned about the...
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13:11
Yerevan streets turn into raging rivers after downpour
Torrential rain turned streets in Yerevan into raging rivers on Friday night.
Videos show cars stuck on a flooded road near the intersection...
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Videos
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Armenian expert: U.S. stance on Karabakh remains unchanged
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Premature births increase in Artsakh due to stress
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Snow-covered Yerevan
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Gegham Stepanyan calls for sanctions against criminal Azerbaijan
11:45 29/11/2022
Memorial plaque honoring Yeghishe Charents inaugurated in Yerevan
