Celebrities › Re: Peter Okoye Shows House And Fleet Of Cars (Photos) by Neminc: 1:33pm On Aug 06, 2018 |
Blessed people, more blessings for you I pray |
Celebrities › Re: Mavin’s Tiwa Savage Jets Out In Style (see Photos) by Neminc: 1:30pm On Aug 06, 2018 |
Enjoyment officer, Queen Tiwa |
Celebrities › Re: Kizz Daniel Should Keep Quiet And Grow Up - Harrysong by Neminc: 4:26pm On Aug 05, 2018 |
I always knew kizz was a spoilt brat, the small boy no get manners at all |
Celebrities › Re: "Buy Another Moto Jor" Fans Wants Efe To Get Another Car (Pics) by Neminc: 3:05pm On Aug 04, 2018 |
Vain Nigerians without common sense |
Travel › Re: Dangote Truck Kills 10 On Abuja Road After Colliding With Bus (Graphic Photos) by Neminc: 3:03pm On Aug 04, 2018 |
Dangote truck again  |
Fashion › Re: Women Are Dying For Bigger Butts, 33 Have Died On Surgical Table In 5years(Pics) by Neminc: 3:03pm On Aug 04, 2018 |
They died because because they want bigger arse  What a stupid way to die |
Car Talk › Re: Biker Jailed After Filming Himself Riding At Highest Speed Ever On British Roads by Neminc: 7:14am On Jul 30, 2018 |
Foolishness |
Phones › Re: Tech Giants Who Suffered Huge Losses In July 2018 by Neminc: 7:13am On Jul 30, 2018 |
TechCapon: [color=magenta]TechCapon[/color]
https://techcapon.com/wp-content/uploads/2018/07/musk_zuckerberg_AI.jpg
The month of July happens to be a very bad month for many tech giants and I’m very sure almost all the affected companies can’t wait for the month to just go away forever. The loss they incurred was huge and massive, running into billions and billions of dollars. From Facebook, to Google, Amazon, etc all suffered one bad fate or the other that had wiped billions of dollars of clean off. As for Facebook, it was the worst month ever as the tech giant was facing attacks from all angles ranging from data leaks, accusations of allowing the spread of fake news, law suits etc but one thing we know for sure is they will bounce back.
1.FACEBOOK $120 billion (Biggest loss in US history)
https://techcapon.com/wp-content/uploads/2018/07/facebook-768x504.jpg
It was a monstrous disaster, Facebook lost as much as 23 percent of it’s shares in the largest single day loss ever recorded in the history of the United States. As for Mark Zuckerberg who is the highest shareholder, he lost almost $17B of his personal fortune, a loss than would have sent Africa’s richest man Dangote packing straight to his village.
2. GOOGLE $5 billion
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I know this is not as bad as that of Facebook but it’s still bad. The European union slammed Google with a record $5 billion fine for abusing it’s Android OS and other unfair practices such as forcing phone makers to install Google Apps like Chrome, YouTube, etc and destroying competition. Google is however appealing the fine but from all indication, they might end up paying up thereby putting a $5 billion hole in their pockets.
3. TWITTER $5 billion
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Twitter began a massive clampdown on fake, suspicious and dormant accounts, deleting almost 70 million accounts and causing a drop of 1 million users following its action to delete fake and offensive accounts. This move caused the shares of Twitter to plunge by 20%, as a result $5bn (£3.8bn) has been wiped off the market value of Twitter. Donald Trump himself is not helping matters as he has been using Twitter to threaten other countries.
4. TESLA $2 billion
https://techcapon.com/wp-content/uploads/2018/07/teslaelonmusk2016-580x358.jpeg
The Thailand football team stuck inside a flooded cave generated a lot of attention all over the world and most people offered to help in one way or the other. Among them was the CEO of Tesla Elon Musk who offered to build a kid-sized submarine that could go straight into the cave and rescue the team. Little did he know his good gesture would end up so badly as he ended up insulting a British diver who helped rescue the boys a pedophile. That insult caused Tesla share to drop heavily causing the company $2 Billion. Share holders had to force Elon Musk to apologize and delete the insulting Tweets which he did.
5. Amazon $100 million
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Amazon organized its biggest sale event of the year The Amazon Prime Day, shortly after the website experienced glitches and downtime to the extent that it could not make a single sale for over 1 hour. Although the company eventually fixed the errors, the downtime caused Amazon to lose over $100 million according to Business Insider .
SOURCE:https://techcapon.com/tech-giants-who-suffered-huge-losses-in-july-2018/ What has Donald Trump's using Twitter to attack other countries got to do with Twitter's financial loses? |
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Celebrities › Re: Simi Slays In Sexy Ankara Outfit by Neminc: 2:26pm On Jul 26, 2018 |
Mtcheeew  |
Business › Re: Stock Market Investors Lose N11billion On Trading Floor by Neminc: 9:40am On Jul 18, 2018 |
11billion  |
Politics › Re: Ekiti Election: Why Fayose Should Not Go To Court – Sagay by Neminc: 9:37am On Jul 18, 2018 |
Sagay has lost his mind, he is no longer talking like a legal luminary, he is now thinking from his stomach instead of his head |
Travel › Re: Young Lady Killed In Fatal Accident While Returning Home From Lecture. Photo by Neminc: 9:05am On Jul 18, 2018 |
RIP |
Family › Re: A Nigerian Woman Buys Car For The Oyinbo Teacher Of Her Kids by Neminc: 8:47am On Jul 18, 2018 |
That's cool |
Celebrities › Re: See Banky W Epic Reply To A Lady Who Mocked Him For Driving An Old Car by Neminc: 8:45am On Jul 18, 2018 |
Where is the epic? |
Sports › Re: Who Will Win Ballon D'or 2018? Messi, Ronaldo & The Favourites, Outsiders by Neminc: 8:44am On Jul 18, 2018 |
CR7 |
Celebrities › Re: Tiwa Savage And Her Dancers Wear Pants For 'Tiwa's Vibe' Video (Photos) by Neminc: 8:28am On Jul 18, 2018 |
Tiwa is beautiful..... Melanin Popping  |
Celebrities › Re: Simi Vs Tiwa Savage, Who Has The Best Vocal Skills? by Neminc: 7:15am On Jul 17, 2018 |
tiwa savage |
Crime › Re: Two Men Shot Dead During Fight With Policemen In Akwa Ibom. Graphic Photo by Neminc: 4:27pm On Jul 16, 2018 |
Just imagine  |
Celebrities › Re: Photo Of Joseph Yobo And His Wife, Adaeze Yobo by Neminc: 4:27pm On Jul 16, 2018 |
Joseph yobo still looking fit as a fiddle |
Celebrities › Re: Uchechi Kalu: Comedian Ajebo Wife Stuns At Their Traditional Wedding (Photos) by Neminc: 4:25pm On Jul 16, 2018 |
Wow!! She's beautiful, congratulations to them |
Celebrities › Re: Jamil Balogun's Gucci-Filled Suitcase: Tiwa Savage Shows Off Son's Suitcase by Neminc: 4:17pm On Jul 16, 2018 |
samguru: which kind yeye mother, the one wizkid and co have turned to sex machine.
Abeg sharrrap jooor Mumu, go collect the pikin return am to him papa nah, na to dey nairaland dey rant u sabi |
Celebrities › Re: Jamil Balogun's Gucci-Filled Suitcase: Tiwa Savage Shows Off Son's Suitcase by Neminc: 4:11pm On Jul 16, 2018 |
samguru: Return the child to his father and stop destroying his life with your nudity and senseless motherly cares. Which kind yeye father? The one that is known for drug addiction, partying with strippers and patronising edible catering? Is that one a father? |
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Music/Radio › Re: List Of Radio Fm Station In Lagos by Neminc: 5:31pm On Jul 12, 2018 |
Nigerian info is my favourite |
Music/Radio › Re: What Music Are You Listening To Right Now? by Neminc: 5:30pm On Jul 12, 2018 |
Money by Adekunle Gold |
Celebrities › Re: Teebillz Storms Nude Strip Club (Photos) by Neminc: 5:29pm On Jul 12, 2018 |
Useless Man |
Celebrities › Re: Rico Swavey On Set With Ruth Kadiri by Neminc: 5:29pm On Jul 12, 2018 |
Who are they? |
Celebrities › Re: Bisola Aiyeola Slays In Lovely Jumpsuit by Neminc: 5:28pm On Jul 12, 2018 |
She looks good |
Celebrities › Re: Lola Omotayo On Nathan & Nadia Okoye's 1st Birthday: Never Let Anyone Break You by Neminc: 5:28pm On Jul 12, 2018 |
I hope you give the same advice to your husband and his brother |
Celebrities › Re: Tiwa Savage Slams Misi Of Hot FM by Neminc: 5:27pm On Jul 12, 2018 |
Nice clapback Tiwa!! Just block all these hating bitches from your life. It's too late fail, just keep giving us good music and ignore all these jealous nonentities |