Mark Zuckerberg Loses $6 Billion In Hours As Facebook Plunges

Mark Zuckerberg’s personal fortune fell by more than $6 billion in just a few hours.

The sell-off plunged the social media giant’s shares by 4.9% on Monday, down about 15% since mid-September.

Monday’s price drop saw Zuckerberg’s value rise to 121.6 billion dollars (about 9,06,050 kroner), which is below the 5th Bill Gates. According to the index, it will be in a few weeks from nearly 140 billion dollars (about 10.43 billion dollar). 150 crores) please.

On September 13, the Wall Street Journal began publishing a series of stories based on its internal cache of documents, revealing that Facebook was aware of various issues with its products – such as the dangers Instagram had to youth mental health and disinformation about the Capitol riots. out of 6 – underestimate the problem in public. The report caught the attention of government officials and signal officers emerged on Monday.

In response, Facebook stressed that its product problems, including political polarization, are complex and not caused solely by technology.

“I think it’s comforting for people to accept that there has to be some technological or technical explanation for the problem of political polarization in the United States,” Nick Clegg, Facebook’s vice president of global affairs, told CNN.

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