Friday, 24 March, 2023

Facebook outage leads to CEO Mark Zuckerberg losing $7B

<p>After a 6-hrs shortage took down many of Facebook&#39;s flagship apps and products, CEO Mark Zuckerberg&#39;s personal wealth has fallen by over $7B. A major sell-off sent Facebook&#39;s shares tumbling down by 4.9%, adding to a decrease of 15% since Sept. Zuckerberg&#39;s worth dropped down to $121.6B, from $140B just a few weeks ago. Facebook is also facing controversy with a whistleblower accusing it of prioritising profit over user safety, which led to further losses.</p> <p>&nbsp;</p>