You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
If you have any problems with the registration process or your account login, please contact contact us.
Vancouver Off-Topic / Current EventsThe off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.
Facebook getting slaughtered today: $118 Billion in market cap, POOF
So, who's buying Facebook today?
Does anyone even use facebook anymore? I know my parents use it a lot still, but I don't use it much anymore. I'm mostly on Instagram now.
Quote:
More than $118bn (£90bn) has been wiped off Facebook’s market value, including a $16bn hit to the fortune of its founder, Mark Zuckerberg, after the company told investors that user growth had slowed in the wake of the Cambridge Analytica scandal.
Facebook’s shares plunged by 19.5% on Thursday when the stock market opened in New York, a day after the Silicon Valley company revealed that 3 million users in Europe had abandoned the social network since the Observer revealed the Cambridge Analytica breach of 87m Facebook profiles and the introduction of strict European Union data protection legislation.
The collapse of Facebook’s share price puts the social network on track for the biggest ever one-day drop in a company’s market value. Shares fell to $175 in early trading on Thursday, valuing the company at $501bn, a drop of $118bn from a record high of $619bn on Wednesday. The previous biggest collapse came in 2000, when Intel lost $91bn in a day
The single biggest loser is Zuckerberg, who owns nearly 17% of the company and whose paper fortune fell from $86.5bn to $70bn, sending him tumbling from the third-richest person on the planet to the sixth.
The collapse came after the company told investors to expect a significant decline in growth rate, and revealed that the number of users in Europe had fallen from 282 million to 279 million.
David Wehner, Facebook’s chief financial officer, said on Wednesday that the company’s decision to give its users “more choices around data privacy” following the Cambridge Analytica scandal “may have an impact on our revenue growth”.
“Our total revenue growth rates will continue to decelerate in the second half of 2018, and we expect our revenue growth rates to decline by high single-digit percentages from prior quarters sequentially in both Q3 and Q4,” he said. “Looking beyond 2018, we anticipate that total expense growth will exceed revenue growth in 2019.”
...
__________________ There's a phallic symbol infront of my car
Quote:
MG1: in fact, a new term needs to make its way into the American dictionary. Trump............ he's such a "Trump" = ultimate insult. Like, "yray, you're such a trump."
bcrdukes yray fucked bcrdukes up the nose
dapperfied yraisis
dapperfied yray so waisis
FastAnna you literally talk out your ass
FastAnna i really cant
FastAnna yray i cant stand you
The single biggest loser is Zuckerberg, who owns nearly 17% of the company and whose paper fortune fell from $86.5bn to $70bn, sending him tumbling from the third-richest person on the planet to the sixth.
If I were Zuckerberg, I'd cash out and start working on curing some tropical disease or some shit. Start working on that legacy Zuckboy, lest you be forever known as the guy who helped get Trump elected.
Oh yes, many people over the age of 30 still use facebook. I know, I'm still one of them
Never used Facebook even though I fit their demographic. I only have a dummy one to test stuff for work.
IMO, Facebook is way too difficult for people whose never used it before. Not willing to give up the time to learn or maintain these trivial things either. I prefer Twitter as a news feed. It's relatively simple to use.
got rid of facebook in 2008, never used it since. dont think i need another company making money of my data, browsing habits and what products and services or political views (for that matter) i use or have.
they are sitting on gold mine of analytical data, everything else they make on top of, is peanuts.
FB marketplace is bumping though, getting way more hits on household items than craigslist
I've noticed this too. I post a few items on craigslist and then a friend recommended marketplace and I got like 5 messages in the first 30mins. Sold the item the net day.
got rid of facebook in 2008, never used it since. dont think i need another company making money of my data, browsing habits and what products and services or political views (for that matter) i use or have.
they are sitting on gold mine of analytical data, everything else they make on top of, is peanuts.
Do you use google?
Google can actually tell the future. They can predict what is going to happen in market places.. They can see trends and they can capitalize on it. Google, Facebook, and Amazon are the three henchmen.
Originally posted by v.b. can we stop, my pussy hurts... Originally posted by asian_XL fliptuner, I am gonna grab ur dick and pee in your face, then rub shit all over my face...:lol Originally posted by Fei-Ji haha i can taste the cum in my mouth Originally posted by FastAnna when I was 13 I wanted to be a video hoe so bad
I only have long distance family members or people who have moved away. Friends and coworkers who I see all the time don't need to be on my FB. Call, txt or just come over. Gave up on FB many years ago when my feed started to look like one long spam email.
__________________
"Damn fine car Dodge... Ran over me wife with a Dodge!", Zeke
Originally posted by v.b. can we stop, my pussy hurts... Originally posted by asian_XL fliptuner, I am gonna grab ur dick and pee in your face, then rub shit all over my face...:lol Originally posted by Fei-Ji haha i can taste the cum in my mouth Originally posted by FastAnna when I was 13 I wanted to be a video hoe so bad
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
