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Facebook’s very bad month
The Take
English - February 16, 2022 10:00 - 18 minutes - 17.2 MB - ★★★★★ - 324 ratingsNews Society & Culture aj+ world journalism reporters al jazeera global news news podcasts international news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Ever since Mark Zuckerberg launched Facebook from his Harvard dorm room, he's been focused on growth — more users in more places, until the entire world is connected. But in February, Meta, the social media platform’s parent company, reported some concerning news: for the first time in its 18-year history, Facebook had a drop in daily users. After that, Meta’s stock plummeted by more than $200 billion dollars — the largest single-day drop in Wall Street’s history. Facebook has weathered scandal after scandal, but its user numbers haven't taken a hit until now. So what does that mean for one of Big Tech's biggest companies?
In this episode:
Alex Heath (@alexeheath), senior reporter at The Verge
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