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Facebook lost daily users for the first time ever / Spotify CEO defends Joe Rogan deal
The Vergecast
Facebook Earnings - It Was a Huge Miss
facebook had earnings yesterday. The stock is tanking. It's takin like the whole stock market down with it. They're projecting to lose ten billion in revenue this year alone, just from apple hanges. And so yes, they lost over 200 billion dollars in market value in one day,. which is a record that they had set themselves in 20 18 a previously. So they've set both records for most market cap losts in a day.
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