Tag: Social media networking

  • Special Report: Zuckerberg’s Monopoly And Its Consequences

    Special Report: Zuckerberg’s Monopoly And Its  Consequences

    Three major social media services owned by Mark Zuckerberg suffered an outage around the world on Monday, October 4, 2021, causing varying financial losses for not just the users but for Zuckerberg. According to Bloomberg, Mark Zuckerberg lost more than $6 billion in personal wealth as the Facebook stock crashed by 4.9%, in addition to…

  • Clubhouse Reaches $1.2 Billion Valuation in 11 months

    Clubhouse Reaches $1.2 Billion Valuation in 11 months

    Some eleven months after its launch in March 2020, new reports have revealed that Clubhouse is now valued at $1.2 billion even though it has yet to post a revenue.  Free to all IOS users and currently operating without ads, Clubhouse currently boasts an estimated 2 million weekly active users on the back of its voice-based chatrooms. With the…