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:
Newsfeed
17:13
Armenian church leader's New Year message not to be aired on Public TV
The annual New Year address by Catholicos of All Armenians Karekin II will not be aired on the Public TV Company.
The...
Source Panorama.am
16:35
Expert: Artsakh leaders indicted on 1,500 counts in Azerbaijan
Artsakh’s former military and political leaders are facing charges in Azerbaijan in connection with episodes starting from 1987, Anna...
Source Panorama.am
15:50
Armenian opposition MP again slams land handover to Azerbaijan
Opposition MP Hayk Mamijanyan again denounced the Armenian government’s surrender of four villages to Azerbaijan as part of a border...
Source Panorama.am
15:00
Yerevan to see light snow from Friday
Dry weather is expected in Armenia's regions on Thursday.
Wintry showers are forecast for the country on Friday and over the weekend....
Source Panorama.am
14:36
Armenia sends 8 players to World Rapid and Blitz Championships
The FIDE World Rapid and Blitz Chess Championships 2024 will take place in New York from December 26 to 31.
8 chess players from Armenia are...
Source Panorama.am
14:12
Ex-ombudsman: Artsakh leaders imprisoned in Azerbaijan for spearheading national struggle
Artsakh’s former military and political leaders are illegally detained in Azerbaijan for their role in the political and military...
Source Panorama.am
13:31
Expert: Disclose of Artsakh peace plans would be 'political suicide' for Pashinyan
Political analyst Suren Surenyants has hailed former Armenian President Levon Ter-Petrosyan’s response to Prime Minister Nikol...
Source Panorama.am
12:45
Pashinyan plans to join EAEU summit via video link
Armenian Prime Minister Nikol Pashinyan, who has tested positive for Covid-19, plans to participate in the Eurasian Economic Union (EAEU) summit...
Source Panorama.am
12:30
Yerevan subway announces extended hours for holidays
The Yerevan Metro will offer extended service hours during the New Year and Christmas holidays.
According to the new schedule, the Yerevan...
Source Panorama.am
12:14
Henrikh Mkhitaryan sends New Year greetings to Inter fans in Armenian
Inter Milan midfielder Henrikh Mkhitaryan extended Christmas and New Year greetings to the club’s fans in a video posted on social media...
Source Panorama.am
11:55
Court returns Yerevan mayor's lawsuit against media outlet
A Yerevan court rejected Mayor Tigran Avinyan’s motion on Tuesday to waive legal court fees in the case of Avinyan’s lawsuit against...
Source Panorama.am
11:30
All-women flight lands in Iranian holy city for first time
An Iranian airline conducted a rare women-only flight on Sunday, landing for the first time in the holy city of Mashhad in the northeast, AFP...
Source Panorama.am
11:15
Armenian State Symphony Orchestra to perform on tour in China
From December 28 to January 2, the Armenian State Symphony Orchestra will embark on a tour in China, led by its Artistic Director and Principal...
Source Panorama.am
11:01
Armenia honors Apostles Peter and Paul
The Armenian Apostolic Church on Thursday commemorates Apostles St. Peter and St. Paul, perhaps the two individuals who had the greatest...
Source Panorama.am
17:13
Andre's wife shares first photos with baby amid divorce rumors
Armenian musician Andre’s wife, singer Ani Ohanyan, has shared the first photos of their baby daughter on social media.
The photos...
Source Panorama.am
16:45
Azerbaijan declares December 26 day of mourning after plane crash
Azerbaijani President Ilham Aliyev declared December 26 a day of mourning following a deadly crash of an Azerbaijan Airlines plane,...
Source Panorama.am
16:22
Pashinyan says again tested positive for Covid
Prime Minister Nikol Pashinyan has again tested positive for Covid-19.
“My Covid test again came back positive. I'll be...
Source Panorama.am
15:45
Turkey plans to open consulate in Aleppo
Turkish President Recep Tayyip Erdogan on Wednesday announced that his country will open its Aleppo consulate soon, less than two weeks after...
Source Panorama.am
15:35
Yerevan to see light snow later this week
Dry weather is expected in Armenia's regions on Wednesday and Thursday.
Wintry showers are forecast for the country on Friday and over...
Source Panorama.am
14:53
Opposition MP: Pashinyan preparing to fulfil more Azerbaijani demands
Ishkhan Saghatelyan, a senior member of the Armenian Revolutionary Federation (ARF) and an opposition Hayastan faction MP, accused Armenian...
Source Panorama.am
13:59
Pashinyan offers condolences to families of Azerbaijani plane crash victims
Armenian Prime Minister Nikol Pashinyan has extended condolences to the families of the Azerbaijani passenger jet crash victims....
Source Panorama.am
13:36
Kremlin hopes Pashinyan will join EAEU summit via video link
Russia hopes that Armenian Prime Minister Nikol Pashinyan will participate in the upcoming meeting of the Supreme Eurasian Economic...
Source Panorama.am
13:23
28 people survive Azerbaijani jet crash in Kazakhstan
An Azerbaijan Airlines passenger jet with 67 people on board crashed on Wednesday in western Kazakhstan after veering from its scheduled route,...
Source Panorama.am
13:05
Finance minister: Armenia's public debt expected to reach 50% of GDP in 2024
Armenia’s public debt is expected to amount to approximately 50% of GDP by the end of 2024, with an economic growth...
Source Panorama.am
12:35
MP calls out Pashinyan government's failure to handle security challenges
Opposition lawmaker Tigran Abrahamyan criticized Armenian Prime Minister Nikol Pashinyan and his government for mishandling national security...
Source Panorama.am
12:06
Syria's new FM tells Iran not to spread chaos in Syria
Syria's newly appointed foreign minister, Asaad Hassan al-Shibani, told Iran on Tuesday not to spread chaos in Syria but to respect the...
Source Panorama.am
11:55
Aliyevs own many buildings in London valued at hundreds of millions of dollars
By Harut Sassounian
TheCaliforniaCourier.com
The Organized Crime and Corruption Reporting Project (OCCRP) selected Pres. Ilham Aliyev in...
Source Panorama.am
11:41
Black ice warning issued for drivers in Armenia's Syunik
The Rescue Service has warned drivers about a road closure in Armenia on Wednesday morning.
In particular, the road linking the Amberd high...
Source Panorama.am
11:32
Pashinyan to skip informal CIS summit due to Covid
Armenian Prime Minister Nikol Pashinyan has announced his decision to skip the informal summit of the Commonwealth of Independent...
Source Panorama.am
11:10
U.S. responds to Aliyev’s allegations about arms supplies to Armenia
U.S. military assistance to Armenia and Azerbaijan cannot be used for “offensive purposes,” the State Department said on Tuesday,...
Source Panorama.am
Videos
17:32 20/02/2023
Artur Vanetsyan: I think you'll see me more often at various events in future
17:35 20/02/2023
Armenian expert: U.S. stance on Karabakh remains unchanged
13:59 09/02/2023
Premature births increase in Artsakh due to stress
12:43 09/01/2023
Snow-covered Yerevan
15:41 15/12/2022
Gegham Stepanyan calls for sanctions against criminal Azerbaijan
11:45 29/11/2022
Memorial plaque honoring Yeghishe Charents inaugurated in Yerevan
