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News Feed Policy: Facebook to lose $23B

The announcement of Facebook about its changed News Feed policy took the tech world by storm. The updated policy gives more weight to the personalized content rather than advertising or marketing ones. The news – good for common people, however hasn’t gone very well with those of the business entities. That said, at the end of the day, it is Zuckerberg, who seems to have lost the most. Soon when facebook announced the updated news feed policy, the market value of the social media giant took a dip. On a course of losing $23B, the figure amounted up to 4% of the total market value of the social media giant.

Out of the total money lost by Facebook, Mark Zuckerberg will personally lose $3.3B from his personal net worth. One more update on this occasion – The share price of Twitter went on to meet with a massive gain on this occasion.

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