One small tweak to an algorithm, one giant crater in Mark Zuckerberg's net worth. 。
The Facebook CEO took a $3 billion hit to his net worth on Friday as his company's stock dipped following news of major changes to the company's News Feed. 。
SEE ALSO:The time has come for Mark Zuckerberg to reveal his 2018 personal challenge 。Facebook warned that the changes, meant to boost the visibility of posts by friends and family, could mean people spending less time on Facebook. That would mean less ads, which means less money. 。
Facebook stock declined about 4 percent. With the bulk of Zuckerberg's net worth sitting in Facebook stock, that equates to more than $3 billion. 。
Thanks for signing up! 。
Don't feel too bad for him though. He's still sitting on some $74 billion. 。
Tweet may have been deleted 。
And if you happen to be a Facebook shareholder, don't let the dip worry you. Facebook stock is still up 42 percent in the past year. 。
That said, Friday's decline was among the sharpest for Facebook in its time as a public company. The social network has become a juggernaut in just the fourteen years of its existence. It's now valued at more than $520 billion. 。
Along the way, Zuckerberg has morphed from awkward college student into one of the world's most admired CEOs — albeit one who took some licks in 2017. Facebook's feel-good run ended when the social network came under fire after Russians pumped propaganda and misleading news stories through its system. The company has since moved to take action, though some in the U.S. government are calling for increased regulation. 。
Investors mostly shook off that news. Facebook remains one of the most valuable public companies in the U.S. And Zuckerberg remains one of the richest people in the world. 。
(责任编辑：百科)
Plane makes emergency landing after engine rips apart during flightApple reveals what happens when a game leaves Apple ArcadeMeta's new BlenderBot 3 AI Chatbot got racist real fastAlabama #RushTok: The terms you need to knowSingapore rolls out video'Rocket League' Championship Series Season 2 offers $250,000 prize pool
Rocket League 。's competitive scene is just getting started.。The 。 Rocket League 。Championship Series i
...[详细]Sesame Place to hold diversity training after videos show black girls, others snubbed
Sesame Place has announced new diversity, equity, and inclusion training for its staff members follo
...[详细]Sesame Place to hold diversity training after videos show black girls, others snubbed
Sesame Place has announced new diversity, equity, and inclusion training for its staff members follo
...[详细]'Fake Tricia' is the realest thing in 'The Rehearsal' premiere
I cannot tell you what The Rehearsalis. You have to see it for yourself.Well, I cantell you. It's a
...[详细]Aly Raisman catches Simone Biles napping on a plane like a champion
Simone Biles is exhausted. She won five medals at the Summer Olympics in Rio, posed for selfies with
...[详细]How to edit your Lock Screen in iOS 16
First, say goodbye to your boring old Lock Screen that looks pretty much identical to anyone else's
...[详细]University of Alabama rush week begins on TikTok
It's about that time. Tomorrow (Aug. 6), Season 2 of University of Alabama's sorority rush debuts, a
...[详细]Xiaomi will also launch a foldable smartphone this August
Xiaomi is launching a new foldable smartphone, the Mix Fold 2, on Aug. 11 in China. In an announceme
...[详细]Olympic security asks female Iranian fan to drop protest sign
Olympic security personnel questioned a female Iranian volleyball fan Saturday when she showed up fo
...[详细]Wordle today: Here's the August 4 Wordle answer and hints
Can't get enough of Wordle? Try Mashable's free version nowFriday's just a day away, folks, and ther
...[详细]