Facebook’s Mark Zuckerberg Says He Missed a Massive Shift in Social Networking

Mark Zuckerberg admitted that Meta failed to anticipate major changes in social media use that contributed to the success of its rival TikTok, which he called a “very effective competitor.” In an interview with Stratechery on Oct. 12, Zuckerberg said that he “sort of missed” the way that people currently “interact with discovered content” through social

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Zuckerberg Loses $5.9 Billion In A Day As Facebook Faces Rare Outage, Whisteblower Testimony

Investor confidence in Facebook weakened a bit on Monday amid continued political pressure and a rare lengthy outage of the company’s apps, sendings shares down 4.8% and zapping away billions from CEO Mark Zuckerberg’s fortune. Zuckerberg’s fortune declined by $5.9 billion to a mere $117 billion in total. (He’s now the world’s sixth richest person…

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