For the first time ever, Facebook lost daily active users globally
Image Credit: Reuter
For the first time ever, Facebook has lost daily users globally, reporting lower-than-expected ad growth that sent its stock plunging nearly 20 per cent. The massive stock drop instantly wiped out roughly $200 billion in its market value. Zuckerberg said the company had a “solid quarter” but in terms of the user base, Facebook witnessed a big drop globally and for the first time ever.