Mark Zuckerberg\u2019s personal wealth has fallen by more than $6 billion in a few hours, knocking him down a notch on the list of the world\u2019s richest people, after a whistleblower came forward and outages took Facebook Inc.\u2019s\u00a0flagship products offline.<\/p>\n\n\n\n
A selloff sent the social-media giant\u2019s stock plummeting 4.9% on Monday, adding to a drop of about 15% since mid-September.<\/p>\n\n\n\n
The stock slide on Monday sent Zuckerberg\u2019s worth down to $121.6 billion, dropping him below Bill Gates to No. 5 on the\u00a0Bloomberg Billionaires Index. He\u2019s down from almost $140 billion in a matter of weeks, according to the index.\u00a0
<\/p>\n\n\n\n
On Sept. 13, the Wall Street Journal began publishing a series of stories based on a cache of internal documents, revealing that Facebook knew about a wide range of problems with its products \u2014 such as Instagram\u2019s harm to teenage girls\u2019 mental health and misinformation about the Jan. 6 Capitol riots \u2014 while downplaying the issues in public. The reports have drawn the attention of government officials, and on Monday, the whistleblower revealed herself.<\/p>\n\n\n\n
In response, Facebook has emphasized that the issues facing its products, including political polarization, are complex and not caused by technology alone.<\/p>\n\n\n\n
\u201cI think it gives people comfort to assume that there must be a technological or a technical explanation for the issues of political polarization in the United States,\u201d Nick Clegg, Facebook\u2019s vice president of global affairs,\u00a0told CNN. | Bloomberg <\/p>\n","protected":false},"excerpt":{"rendered":"
Mark Zuckerberg\u2019s personal wealth has fallen by more than $6 billion in a few hours, knocking him down a notch on the list of the world\u2019s richest people, after a whistleblower came forward and outages took Facebook Inc.\u2019s\u00a0flagship products offline. A selloff sent the social-media giant\u2019s stock plummeting 4.9% on Monday, adding to a drop …<\/p>\n","protected":false},"author":2,"featured_media":38202,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-38201","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news"],"_links":{"self":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/38201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/comments?post=38201"}],"version-history":[{"count":1,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/38201\/revisions"}],"predecessor-version":[{"id":38203,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/38201\/revisions\/38203"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media\/38202"}],"wp:attachment":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media?parent=38201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/categories?post=38201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/tags?post=38201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}