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Facebook Loses $230B, Biggest One-Day Drop in History

Facebook founder Mark Zuckerberg may have a bold vision, but problems are mounting.

Aired 02/08/2022 | Rating NR

Chicago Tonight

Facebook Loses $230B, Biggest One-Day Drop in History

Clip: 2/8/2022 | 8m 6sVideo has Closed Captions

Facebook founder Mark Zuckerberg may have a bold vision, but problems are mounting.

Meta, formerly known as Facebook, has seen stagnant earnings, growth, and its stock took a $230 billion dollar tumble last Thursday — equivalent to about 26% of its value. Why is the company struggling, can billionaire founder Mark Zuckerberg turn it around as he coaxes users into the metaverse, and what does it mean for the future of social media?

Aired 02/08/2022 | Rating NR

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Carvana Tower Gets Final Approval From Skokie Board

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Clip: 2/8/2022 | 2m 54s | The controversial "car vending machine" by Carvana gets the green light in Skokie. (2m 54s)

Congress Members on Situation at Ukraine Border and More

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Clip: 2/8/2022 | 8m 30s | Local members of Congress on what it would take for Russia to back away from Ukraine. (8m 30s)

Congress Members on the Postal Service and More

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Clip: 2/8/2022 | 7m 36s | Mask mandates: keep them, or is it time to move on? Local members of Congress weigh in. (7m 36s)

Guien the Agave Is Nearing Conservatory’s Glass Ceiling

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Clip: 2/8/2022 | 3m 28s | A towering plant is spiking to its death at the Garfield Park Conservatory. (3m 28s)

Outgoing CTU President on His Time in Leadership

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Clip: 2/8/2022 | 7m 33s | Outgoing Chicago Teachers Union president Jesse Sharkey reflects on his time in leadership (7m 33s)

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