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CNBC reported that the outage was the worst experienced by Facebook since 2008. [21] During the day of the outage, shares in the company dropped by nearly 5% and Facebook CEO Mark Zuckerberg's wealth fell by more than $6 billion. [21] [22] [23] According to a report produced by Fortune and Snopes, Facebook lost at least $60 million in ...
Facebook discusses with Yahoo! about the latter possibly acquiring the former, for $1 billion. [259] 2007: January 10: Product: Facebook launches m.facebook.com and officially announces mobile support. [321] 2007: May 24: Product: Facebook announces Facebook Platform for developers to build applications on top of Facebook's social graph. [322 ...