Mark Zuckerberg's announcement of a change in the news feed's algorithm, which he unveiled yesterday, caused an unexpected reaction on the stock exchanges - stock quotes from Facebook fell on American exchanges
Co-founder of the world's largest social media business Zuckerberg lost $ 3.3 billion due to planned changes in Facebook's information policy.
It is planned that the user will now receive more information from his friends and relatives, while advertising information and unwanted content will decrease. Such a return to the ideology that lay in creating the network frightened investors. Previously, they received a significant portion of their profits through the placement of promotional materials, which led to a reduction in the value of the company's shares.
The decline of 3.3 billion (up to 74 billion at 13.01) has led to a change in the rating of billionaires Bloomberg. Mark Zuckerberg lost 4th position, releasing it for Spaniard Amancio Ortega.
Rating of the richest people in the world
peanuts for him:)