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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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