Facebook Is Down $584 Billion In 8 Months...
发布时间 2022-05-06 19:00:05 来源
摘要
10 years ago, Facebook was the up-and-coming social media company that seemed to be the Google of social media. And eventually, that’s exactly what they became, but people aren’t exactly the biggest fans of this rise. In fact, Facebook is one of the most despised companies in the world due to their monopoly on social media along with their data collection policies. In the early days, most people weren’t away of these policies nor did they care. But, as the average person becomes more educated on the business practices of these companies, they have started to avoid such companies as much as possible. These tensions peaked when Facebook got involved in the Cambridge Analytica scandal and was fined a whopping $5 billion. Despite these pressures, Facebook continued to perform extremely well up until recently. In the last quarter of 2021, Facebook posted their first loss in users since the company was started. And investors have fled the company causing the mega-cap to lose an eye-watering $584 billion in 8 months. This video explains the shortfalls of Facebook and why the company is performing so poorly right now.
Socials:
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Discord Community:
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Timestamps:
0:00 - Facebook’s Bloodbath
1:36 - Lack Of User Growth
4:40 - Atrocious User Sentiment
7:33 - Apple Privacy Changes
10:07 - Meta
Thumbnail Credits:
Andrew Harrer Bloomberg
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Resources:
https://pastebin.com/9jDXQ7gc
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