The dawn of man, the age of man, the page of man.

Page Of Man

The dawn of man, the age of man, the page of man.

Zucks to be Zuck

Wow. In just one day Facebook lost about $120 billion in market capitalization. The social-media behemoth’s stock lost roughly one-fifth of its value in the extended session Wednesday. The stock dropped about 7% immediately after the earnings report was released, then plummeted to a loss of more than 20% as a conference call with analysts progressed.

The European Union’s General Data Protection Regulation (GDPR) that went into effect recently (you might have received a privacy update email or two or three addressing this) didn’t help matters either leading to a decline in European users rather than a gain.

Full story over at Marketwatch.

 

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