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Monday, January 15, 2018

Zuckerberg loses $3.3 billion after Facebook change to newsfeed

Facebook co-founder Mark Zuckerberg is paying the price for the latest changes to the social networking site, losing nearly $3.3 billion of his personal net worth, according to a Forbes calculation.
The 4.4 percent drop came just after Zuckerberg’s announcement that Facebook would change its algorithm to make people’s news feeds more focused on friends and family, rather than posts from businesses and media companies.

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