back to article Zuck loses $3bn in a day

Facebook head honcho Mark Zuckerberg lost $3bn yesterday after shares in his company fell following an earnings warning about slowing advertising growth. Despite a huge jump in the social media giant's revenues in Q3 2016 – up 59 per cent on last year – and a tripling of its profits to $2.4bn, the warning that it expected …

  1. Anonymous Coward
    Anonymous Coward

    Er...

    ...what's Facebook for?

    1. Anonymous Coward
      Anonymous Coward

      Re: Er...

      >...what's Facebook for?

      .....stock market gambling mostly - although it's also good way for your mum to keep up with her college friends.

    2. Anonymous Coward
      Anonymous Coward

      Re: Er...

      >what's Facebook for?

      So people without any friends can pretend they have friends (q.v. LinkedIn)

  2. Anonymous Coward
    Anonymous Coward

    Pay some taxes you cunt

    That is all.

  3. Colin Millar
    Thumb Up

    Who says that the news is all just doom and gloom

    3bn down - just another 52bn to go

    1. Boo Radley

      Re: Who says that the news is all just doom and gloom

      Hopefully he doesn't diversify, keeping all his worth in Facebook stock. Then when, not if, Facebook collapses, he'll be broke :-)

  4. William 3 Bronze badge

    Stop confusing Altruism with Tax Relief.

    Seriously.

  5. Anonymous Coward
    Anonymous Coward

    I hope he doesn't lose anymore, all that money is earmarked for charity.

    Do I need to add a </Sarcasm>?

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