Facebook valuation drops $230bn in a single day…
Not sure what your day was like yesterday but I imagine it was better than Mark Zuckerberg’s who managed to lose $29bn of his personal fortune overnight. Facebook has been reeling in recent years from opponents who claim it is helping to undermine democracy, aid genocide and encourage mental health problems. The markets are not known for their morality, instead, the 25% drop in the share price was attributed to slowing user growth and a decline in its ad revenue. …