Facebook Is Having A VERY Bad Day, In A Bad Month, In A Bad Year

by | Jul 26, 2018 | Blog, Business, Media Bias, Tech

Couldn’t have happened to a better company.

Facebook on Thursday posted the largest one-day loss in market value by any company in U.S. market history after releasing a disastrous quarterly report.

The giant’s plummeted by $119 billion to $510 billion as its stock price plummeted by 19 percent. At Wednesday’s close, ‘s market cap had totaled nearly $630 billion, according to FactSet.

No company in the history of the U.S. has ever lost $100 billion in market value in just one day, but two came close.

Source: Facebook’s $100 billion-plus rout is the biggest loss in stock market history

 

Shareholders are trying to fire as chairman of Facebook because of the social media giant’s ‘mishandling’ of recent scandals, including the Cambridge Analytica data saga, Russian meddling in the US election and fake .

Investment company Trillium Asset Management, who has about $11 million in Facebook stock, filed a proposal on Wednesday to break up Zuckerberg’s role as both chairman and CEO, Insider reports.

The proposal argues that shareholders are unable to check Zuckerberg’s power given he holds roughly 60 percent of Facebook’s voting shares as both chair and CEO.

‘A CEO who also serves as chair can exert excessive influence on the board and its agenda, weakening the board’s oversight of management,’ the proposal states.

‘Separating the chair and CEO positions reduces this conflict, and an independent chair provides the clearest separation of power between the CEO and the rest of the board.’

Source: Facebook shareholders try to fire Mark Zuckerberg as chairman because of the ‘mishandling’ of recent privacy and election meddling scandals

Daily : Thursday, Oct. 19

by | Oct 19, 2017 | Blog, Daily Show Prep

 

Vegas Security Guard Describes Shooting | The Daily Caller

, a security guard at the who was shot by earlier this month, gave his first interview on NBC’s “The Ellen DeGeneres Show” Wednesday.

Las Vegas hotel insisted Jesus Campos only appear on Ellen | Daily Mail Online

Mandalay Bay shooting hero Jesus Campos was pressured into giving his only interview to because the giant company that owns the Las Vegas casino feared he would spill the beans about the shooting timeline if he was grilled by real journalists, DailyMail.com has learned exclusively.

Schumer Saved Big Using Deduction He’s T | The Daily Caller

Senate Minority Leader is likely to personally save tens of thousands of dollars if he is able to defeat Republican efforts to eliminate state and local tax deductions.

Hour 2

AMAZING: President Trump’s Stock Market Gains in One Year Top Obama’s Gains in 8 Years!

With Another All Time High in the Dow Today – ‘s Rally Did What ‘s Markets Couldn’t Do in 8 years – Increase the All Time High by More than 4,500 Since the Election.

Fake News: AP Falsely Accused President Trump Of Saying He Was The Only President To Call Slain Soldiers’ Families – The Burning Truth

“If you look at President [Barack] Obama and other presidents, most of them didn’t make calls. A lot of them didn’t make calls. I like to call when it’s appropriate, when I think I am able to do it,” said Trump. “They have made the ultimate sacrifice. So generally I would say that I like to call. I’m going to be calling them. I want a little time to pass. I’m going to be calling them.”

Hour 3

The Most Popular Halloween Candy Sold Online In Every State

Feminist Tips For Men Are A Joke | The Daily Caller

“Overcome you transphobia.” Right outta the gate! There it is! Last time I checked not all women were transgender. But this is 2017 and down is up and black is white. So maybe we are all transgender.

Circuit Court Says WWI Cross Must Come Down | Truth Revolt