Leave a comment or join!

If you would like to comment on this story, please feel free to do so above.

If you liked this story, sign up for free

Like our Facebook Page

Want to become a Featured Artist? Then click here to Purchase Now

Friday, February 4, 2022

TikTok is Steamrolling Mark Zuckerberg

 


Facebook went face down Thursday losing more than 20% of its value, and it's not only a sign TikTok is steamrolling Mark Zuckerberg's baby, but he seems to be acknowledging it. in the last 3 months of the year, FB lost about 500k daily logins. 


To put that in perspective, it now only has about 1.93 billion users checking in daily. It's still a big number for sure but when you're talking about the Benjamins, it makes a huge difference. Meta took a huge hit Wednesday sinking 22.6% in value on the stock exchange.  That translates to a $200 billion loss. Zuckerberg chalked it all up to folks spending more time on other apps, like TikTok. And that's gotta hurt because Zuck alone took a $29 BILLION hit.

No comments:

Follow