Mark Zuckerberg loses $6 billion in just hours thanks to Facebook outage

News Network
October 5, 2021

Mark Zuckerberg’s personal wealth has fallen by more than $6 billion in a few hours, knocking him down a notch on the list of the world’s richest people, after a whistleblower came forward and outages took Facebook Inc.’s flagship products offline.

A selloff sent the social-media giant’s stock plummeting 4.9% on Monday, adding to a drop of about 15% since mid-September.

The stock slide on Monday sent Zuckerberg’s worth down to $121.6 billion, dropping him below Bill Gates to No. 5 on the Bloomberg Billionaires Index. He’s down from almost $140 billion in a matter of weeks, according to the index. 

On Sept. 13, the Wall Street Journal began publishing a series of stories based on a cache of internal documents, revealing that Facebook knew about a wide range of problems with its products — such as Instagram’s harm to teenage girls’ mental health and misinformation about the Jan. 6 Capitol riots — while downplaying the issues in public. The reports have drawn the attention of government officials, and on Monday, the whistleblower revealed herself.

In response, Facebook has emphasized that the issues facing its products, including political polarization, are complex and not caused by technology alone.

“I think it gives people comfort to assume that there must be a technological or a technical explanation for the issues of political polarization in the United States,” Nick Clegg, Facebook’s vice president of global affairs, told CNN.

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News Network
December 10,2024

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The Israeli military has occupied several villages south of Damascus, with its tanks now being stationed around 20 kilometers from the outskirts of the Syrian capital, a new report says.

Lebanon's al-Mayadeen television network reported on Tuesday that the Israeli tanks have moved past the southwestern Syrian city of Quneitra and reached 3 kilometers away from the town of Qatana, near Damascus. 

Israel started the push to expand its occupation of Syria on Sunday, after foreign-backed militants, led by Hay'at Tahrir al-Sham (HTS), announced the fall of Syrian President Bashar al-Assad’s government following a rapid two-week offensive that led to the capture of Damascus.

Israeli forces seized the buffer zone that separates the occupied Golan Heights from the rest of Syria in violation of a 1974 disengagement agreement between the Tel Aviv regime and Syria.

They also captured the strategic Mount Hermon in Golan, which provides high ground for the entire area.

Israeli prime minister Benjamin Netanyahu said that the Syrian Golan Heights will remain part of the occupied territories “for eternity.”

Israel's exploitation of the current chaotic situation to deploy its occupation forces to Syria has drawn condemnations from regional countries.

“We condemn the fact that Israel has entered Syrian territory and taken control of the buffer zone,” Jordanian Foreign Minister Ayman Safadi said.

Similarly, Saudi Arabia’s Foreign Ministry said, "The seizure of the buffer zone in the Golan Heights … confirms Israel’s continued violation of the rules of international law, and its determination to sabotage Syria’s chances of restoring its security, stability and territorial integrity.”

Meanwhile, Israeli media reported that the regime has carried out nearly 300 air raids on Syria over the past two days.

They added that if the aerial assaults continue at their current pace, the Syrian Air Force will be all but destroyed in a matter of days.

New Israeli strikes hit the Syrian city Salamiyah, in the eastern countryside of Hama Province, as well as military installations north of Raqqah, and the Shayrat air base in Homs' countryside.

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News Network
December 11,2024

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Ayatollah Seyyed Ali Khamenei, Leader of the Islamic Revolution, has called the Syrian conflict a "joint American and Zionist plot," while attributing a secondary role to a neighboring country in the crisis.

Speaking to a gathering in Tehran on Wednesday, Ayatollah Khamenei emphasized, "There should be no doubt that what happened in Syria was plotted in the command rooms of the United States and Israel. We have evidence for this."

The Leader also pointed to the involvement of a neighboring nation, widely understood to be Turkey, stating, "One of the neighboring countries of Syria also played a role, but the primary planners are the US and the Zionist regime."

Ayatollah Khamenei dismissed fears of a weakened resistance front following the takeover of parts of Syria by militants and Takfiri terrorists. He assured that resistance will emerge stronger despite the adversities. "This is what the resistance is, this is what the resistance front is. The more you push, the stronger it becomes; the more you commit crimes, the more motivated it becomes. The more you fight with them, the more widespread it will be, and I tell you, by the Divine Power, the domain of resistance will cover the entire region more than before."

The Leader rejected analysis suggesting that a weakened resistance front would lead to Iran’s decline. "That ignorant analyst, unaware of the meaning of resistance, imagines that when the resistance becomes weak, Islamic Iran will also become weak, and I say that by God's will and power and with the permission of God Almighty, Iran is strong and powerful and will only grow more powerful," Ayatollah Khamenei declared.

Highlighting the divisions among militant groups operating in Syria, the Leader noted, "Each group has its own agenda and all seek to stake out their own turf."

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News Network
December 8,2024

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The Israeli regime forces have launched a foray into Syrian soil and entered the southwestern city of Quneitra near the Israeli-occupied Golan Heights after militant groups took control of the Arab country.

The Israeli media reported on Sunday that the regime’s tanks had entered Quneitra on the border of the occupied Golan following heavy shelling of surrounding areas.

“Israeli forces pushed into the buffer zone in the Quneitra area, and launched artillery shelling in the area,” the website of the Times of Israel newspaper said.

The regime’s media also reported the entry of Israeli tanks into Khan Arnabeh, which is to the northeast of Quneitra and five kilometers from the border of the occupied Golan.

Quneitra is within the so-called buffer zone established in 1974 between the occupied Golan and Syria, but Khan Arnabeh is beyond that and the regime’s forces are not allowed to enter.

The resistance media confirmed reports of the Israeli aggression and said the development took place after the regime increased its deployment in the occupied Golan ahead of the fall of Syrian President Bashar al-Assad’s government in Damascus.

Local reports said schools were canceled in four settlements in the occupied Golan due to the “security situation,” adding that the Israeli military had set up checkpoints in the area.

At least four airstrikes targeted the Quneitra countryside after the Israeli tanks entered the area.

The occupation forces were also reported to be digging a large trench on the Syrian border and have destroyed what they claim are weapons depots.

The Israeli occupation army declared that in light of the developments in Syria, it had deployed forces to key areas along the border to ensure the security of the Israeli settlements in the occupied Golan Heights.

Israel’s opposition leader Yair Lapid also said, “In light of the developments in Syria, it is more important than ever to form a strong regional alliance with Saudi Arabia and the Abraham Accords countries to confront regional instability together.”

Earlier in the day, the armed Syrian opposition groups raided the capital Damascus, and took control of the city’s radio and television station as well as major military and security centers.

The armed groups, led by Hay’at Tahrir al-Sham (HTS) militants, announced that they had fully captured the Syrian capital and confirmed reports of the fall of the Assad government.

HTS leader Ahmed al-Shar’a, known as Abu Mohammad al-Jolani, has called on Syrian people not to get close to government institutes and organizations until an official transfer of power takes place under the supervision of the prime minister.

Syrian Prime Minister Mohammed Ghazi Jalali said the government was ready to “extend its hand” to the opposition and hand over its functions to a transitional government.

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