Shares of Facebook parent Meta plunge

By artappraiser on Thu, 02/03/2022 - 5:05pm |

Meta, the company that owns Facebook, Instagram and WhatsApp, saw its stock plunge after-hours Wednesday after reporting a rare decline in its fourth quarter profit due to a sharp increase in expenses. https://t.co/0Mx6uTWM3m
— The Associated Press (@AP) February 2, 2022

URL:

https://apnews.com/article/facebook-meta-shares-plunge-mark-zuckerberg-d01a0a4c12dc24fa2150a1a3ea2ac836

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a hundred billion here, a hundred billion there, it all adds up!

Facebook has lost more value today ($240b-ish) than almost all global companies have ever been worth, at any time, in their histories.
— Alex Sherman (@sherman4949) February 3, 2022

@POTUS needs to anti trust Instagram out of their clutches and let them die with Meta. They never should’ve been allowed to buy Instagram in the first place
— Jay (@SimpsonSlappy) February 3, 2022

Facebook and PayPal both had their worst decline on record. pic.twitter.com/Mpw6DrHRar
— Kath (@mopeng) February 3, 2022

Why paypal, though? Anybody know?
— Mrs Peel Wannabe (@nlm21691070) February 3, 2022

People can now pay ebay directly. They no longer have to use PayPal. I stopped using PayPal two years ago when they refused to reverse a fraud charge. Only claim I had in over 20 years.
— Barb Broll (@barb_broll) February 3, 2022

Facebook just lost $150 billion in 5 minutes.

That’s more than the market cap of Twitter, Snap, and Pinterest…combined. pic.twitter.com/0XqNGyTNfD
— Fintwit (@fintwit_news) February 2, 2022

Facebook has lost 1/4th of their value in a little over an hour.
— Joe Scarborough (@JoeNBC) February 3, 2022

Facebook lost daily users for the first time ever last quarter https://t.co/igai5n9M7e pic.twitter.com/h2UL4cuf8a
— The Verge (@verge) February 2, 2022

by artappraiser on Thu, 02/03/2022 - 5:11pm

My FB accounts got hacked all over the place as they were changing names, which I just read as a signal to let go.

by Orion on Thu, 02/03/2022 - 5:34pm

Facebook is pure social poison. It poisoned the internet as well. I hope we never, ever hear of it or anything connected with it ever again.

Part of the magic of Dagblog and why we are all mostly still here after all these years is it still has that 1990s internet formula that never really needed to be adjusted. People had common sense about what they reveal about themselves to the vast world back then.

by Orion on Thu, 02/03/2022 - 5:33pm

Shares of Facebook parent Meta plunge

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