Facebook reported its first-ever quarterly decline of daily users globally this week, sending its stock price plummeting by 23 percent in intraday trading on Thursday. The massive drop has wiped out approximately $200 billion in market value for Zuckerberg and his shareholders.
The Verge reports that this week, Facebook reported its first-ever quarterly decline of daily users globally. The company has seen a steady increase in users over the years with very little reason to worry about growth, which made the sudden downturn a shock to many.
Mark Zuckerberg deep in thought (Drew Angerer /Getty)
Facebook stock dropped by 23 percent in intraday trading on Thursday, wiping at least $200 billion in market value from Mark Zuckerberg and the Masters of the Universe. Facebook (now Meta) reported flat user growth across almost all of its platforms including Facebook, Instagram, and WhatsApp last quarter, but even more worrying for the company was the loss of around 1 million daily users in North America.
UK MPs pressure Zuckerberg to testify on Facebook data breach
The majority of Facebook’s advertising profit comes from North American users, so a loss of 1 million users shows signs of what could be a worrying trend for the company. This loss of users led to an overall decrease in daily Facebook users globally which a company spokesperson said was the first sequential decline in the history of Facebook.
For perspective, Facebook saw its daily users drop from 1.93 billion to 1.929 billion between quarters. The company is still extremely profitable, making almost $40 billion in profit in 2021 alone, but its also currently losing billions on projects like Reality Labs, the division responsible for the Quest virtual reality headset.
Facebook has bet big on the metaverse, rebranding itself as Meta and planning to usher in a new form of internet, experienced primarily via virtual reality. As such, the company is investing in the development of new VR headsets, VR software, and AR glasses. The Reality Labs decision lose around $10.2 billion last year with reported revenue of $2.3 billion.
On an earnings call on Wednesday, Facebook CEO Mark Zuckerberg said that the company’s next VR headset will be released in late 2022 and will be at the “high end of the price spectrum.”
Read more at the Verge here.
Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Follow him on Twitter @LucasNolan or contact via secure email at the address lucasnolan@protonmail.com
AND TO THINK, WE THOUGHT THAT NEO-FASCIST MARK ZUCKERBERG ONLY BLOCKED POSTS PERTAINING TO THE BIDEN CRIME FAMILY!!!
MARK ZUCKERBERG AT WORK:
Unlike Fredo, Hunter would be shielded from the consequences of his destructive acts. So would the Biden family. After the computer repairman turned over the abandoned hard drive to the FBI (and then to Rudy Giuliani, who passed it to the New York Post ), the legacy press and social media companies mounted an all-out suppression campaign against the Post ‘s reporting, ensuring that the story was snuffed out before the election.
Schweizer: ‘It’s Going to Be Business as Usual’ for
Hunter’s Dealings
https://www.breitbart.com/clips/2021/01/20/schweizer-its-going-to-be-business-as-usual-for-hunters-dealings /
I’d be inclined to disagree with Don except for one thing: Biden has proven to be a very adept criminal mastermind. For decades, he has funneled millions of dollars to his children and siblings and, especially, to his debauched, deviant son, Hunter.
ANDREA WIDBURG
New York Post: Time to Appoint a Special Counsel on Hunter Biden BRENDAN SMIALOWSKI/AFP via Getty Images 3:52
The time has come to fully and publicly investigate Hunter Biden’s financial activities, the editorial board of the New York Post posited Tuesday, adding the U.S. attorney in Delaware began the process back in 2018 before quietly letting the issue fade from view.
The Post acknowledged the challenges confronting any Justice Department seeking to investigate the president and his family, before cautioning, “At this point, we have to wonder if any investigation would still be underway were it not for the laptop Hunter abandoned in 2019 and The Post’s reporting off it.”
The degree of difficulty doesn’t mean it should be avoided, with the newspaper saying “this one has already shown clear signs of politicization, with Attorney General Merrick Garland himself playing along with a White House cabal eager to put the fear of the FBI in parents who want to speak their minds at local school-board meetings.”
U.S. President Joe Biden hugs his son Hunter Biden after being sworn in as U.S. president during his inauguration on the West Front of the U.S. Capitol on January 20, 2021 in Washington, DC. (Alex Wong/Getty)
Garland should now explain himself and his actions, the Post continued, declaring:
This idea has been batted around at least since Hunter’s smelly art sales surfaced. And the drip of damning news has only continued: a former business partner “co-operating completely ” with the feds; congressional allegations that the Secret Service improperly redacted records relating to Hunter’s travels; news that Hunter’s bank records on his dealings with the Bank of China were subpoenaed in May 2019.
That is, the feds have been looking at Hunter since the Obama administration. Given all this, Biden should have put the probe under impartial supervision long ago. In between, Justice has managed to fully investigate, for example, everything about then-President Donald Trump’s supposed collusion with Russia — albeit via a special counsel.
The Post concluded its call for public clarity by pointing to the howls of outrage “if Trump had inherited an investigation of Eric or Don Jr. in his first term and left it in the hands of a Justice Department staffed by his own appointees?”
“Unless and until Garland produces an explanation for why he’s avoided an independent prosecutor, or his minions actually bring charges, Americans have every reason to suspect politics is standing in the way of justice,” was the newspaper’s final point on the matter.
The Post’s call for quick attention to Hunter’s financial dealings came 24-hours after Sen. Marsha Blackburn (R-TN) told Breitbart News she thinks Garland must appoint a Special Counsel to investigate all President Joe Biden’s family members’ dealings with the Chinese Communist Party.
“I think what we know or what we can surmise by looking at all of this is that it is appropriate and the Attorney General should appoint a special counsel to investigate what has happened with Biden Incorporated and Hunter Biden, James Biden, Joe Biden, and their business dealings with Communist China and the Chinese Communist Party,” Blackburn said in an interview Monday night with host Matthew Boyle.
Hunter Biden, his wife Melissa Cohen and their son Beau depart the White House on March 26, 2021 in Washington, DC. (Chip Somodevilla/Getty Images)
Blackburn’s interview came after Breitbart News on Sunday evening published a 2019 document from the U.S. Attorney’s office in Delaware showing that the IRS, as part of a criminal investigation into the president’s son, Hunter Biden, subpoenaed JPMorgan Chase Bank for financial records of Hunter Biden, the president’s brother James Biden, their associates Devon Archer and Eric Schwerin, and a number of business entities with which they were involved.
Blackburn said these subpoena documents, combined with revelations in Breitbart News senior contributor and Government Accountability Institute president Peter Schweizer’s book Red-Handed: How American Elites Get Rich Helping China Win
Follow Simon Kent on Twitter: or e-mail to: skent@breitbart.com
Facebook Banned Anti-Lockdown Protests, Allows Human Smuggling Wed Feb 2, 2022 Early on in the pandemic lockdowns, before BLM destroyed the ban on protesting with its hypocrisy, lockdown protests resulted in arrests (a violation of the First Amendment that, like Cuomo's targeting Jews, and Newsom's targeting of churches, has yet to be addressed).
Facebook also banned and shut down anti-lockdown protest groups.
On Monday, the social media giant removed the listing for anti-quarantine protests in California, New Jersey, and Nebraska.
The discussion sparked outrage from some including the son of President Donald Trump who claimed the company's move violated free speech.
Protests have been planned for across the US calling for the lifting of stay-at-home orders.
Facebook said it consulted with local governments and would only take down events that violated states' guidelines.
"Unless government prohibits the event during this time, we allow it to be organized on Facebook. For this same reason, events that defy government's guidance on social distancing aren't allowed on Facebook," a spokesperson said.
But illegal alien smuggling is fine even though it's against the law.
In an internal announcement of Meta's "human smuggling policy" obtained by the Free Beacon, the company concluded that a crackdown on human smuggling solicitations would hamper the ability for people to use the platform "to seek safety or exercise their human rights." The company said it will maintain its current policy, which prohibits users from offering human smuggling but allows them to solicit smuggling services.
But banning protests didn't interfere with human rights.
The hypocrisy and double standards in play here are not unique to Facebook. The Big Tech monopolies claim that they're using some sort of objective standards yet invariably the only standards they ever use are their political biases. They launder those biases through credentialing, as Facebook is doing here, through false front independent bodies, as Facebook also routinely does, and through pages of lawyerese, but in the end Amazon, Google, Facebook, Twitter, and the whole gang have only one north star and that's their leftist politics.
Big Tech, Koch Network Cheer Biden’s Amnesty to Flood U.S. Labor Market
JOHN BINDER
Big tech’s lobbying arm and the Koch brothers’ network of donor class organizations are cheering on President Joe Biden’s amnesty plan that would pack the United States labor market with more foreign visa workers for business to hire over American graduates and professionals.
This week, Biden’s amnesty plan was introduced in Congress by Sen. Bob Menendez (D-NJ) as Democrats look to increase foreign competition in the U.S. workforce while more than 17 million Americans are jobless.
Among other things, the plan would:
· Put nearly all illegal aliens in the U.S. on an eight-year path to citizenship
· Provide $4 billion in foreign aid to Central America
· Expand the U.S. labor market with more foreign visa workers
· Expedite green cards for foreign relatives, otherwise known as “chain migration”
· Potentially add 52 million foreign-born residents to the U.S. population
· Eliminate per-country caps, ensuring India monopolizes employment green cards
· Increase the Diversity Visa Lottery program where visas are given out randomly
· Provide green cards to foreign students who graduate in advanced STEM fields
· Bring already deported illegal aliens back to the U.S. to provide them amnesty
For Amazon, millions of newly legalized illegal aliens, foreign visa workers, and chain migrants who would be added to the U.S. labor market as a result of the plan are a boon to multinational corporations’ profits.
“Today’s immigration reform bill marks an important step in reducing the green card backlog, creating a pathway to citizenship for Dreamers & making our immigration system more efficient,” Amazon officials wrote in a statement. “We look forward working [with] the administration and Congress to advance these proposed solutions.”
Today's immigration reform bill marks an important step in reducing the green card backlog, creating a pathway to citizenship for Dreamers & making our immigration system more efficient. We look forward working w/ the administration & Congress to advance these proposed solutions.
— Amazon Public Policy (@amazon_policy) February 18, 2021
Specifically, aside from providing Amazon with more foreign visa workers to hire, the plan includes a green card giveaway that would create a green card system where only H-1B foreign visa workers are able to obtain employment-based visas by creating a backlog of seven to eight years for all foreign nationals.
The process would reward outsourcing firms and tech corporations for the decades of outsourcing American jobs to H-1B foreign visa workers.
Executives with the Libre Initiative, a Koch-funded organization, also praised the Biden amnesty plan as “an important first step” to securing the green card giveaway for corporations that they have also long lobbied for.
“There is broad support for proposals like a permanent solution for Dreamers, workforce visa reform, removing per-country caps, efficient border security measures and much more,” Daniel Garza with the Libre Initiative wrote in a statement:
Lawmakers should seize the opportunity and demonstrate that partisan gridlock will not keep the American public waiting another 30 years for congress to enact sensible, permanent solutions. We look forward to working with lawmakers to ensure that we can get nonpartisan, sensible solutions past both chambers and enacted into law.
Todd Schulte with FWD.us, a group that Facebook
CEO Mark Zuckerberg created to lobby on behalf
of tech corporations, called the amnesty plan a
“critical moment for immigration policy” and a
“substantial step forward.”
“Congress has a once-in-a-generation opportunity to transform a long-failed and too easily weaponized immigration system,” Schulte wrote in a statement. “The time is now and we will seize this moment.”
Despite the business lobby’s insistence that there is a labor shortage, millions of Americans are out of work today and hundreds of thousands of U.S. graduates enter the labor market every year looking for white-collar professional jobs with competitive pay and good benefits.
Already, the U.S. admits about 1.2 million legal immigrants every year. Another 1.4 million foreign visa workers are brought in annually to take American jobs, many in white-collar professions. The latest data reveals that nearly 6-in-10 workers in Silicon Valley, California — the tech industry’s hub — are foreign-born.
John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here .
Meta Will Allow Solicitation of Human Smuggling on Its Platforms Policy comes amid surge in Facebook groups devoted to human smuggling
Immigrants detained in McAllen, Texas / Getty Images Joseph Simonson • February 1, 2022 4:45 pmMeta, the company formerly known as Facebook, privately announced on Monday that users can use its platforms to solicit human smugglers, a decision that goes against demands by anti-human trafficking groups that urged the tech giant to crack down on the practice.
In an internal announcement of Meta's "human smuggling policy" obtained by the Free Beacon , the company concluded that a crackdown on human smuggling solicitations would hamper the ability for people to use the platform "to seek safety or exercise their human rights." The company said it will maintain its current policy, which prohibits users from offering human smuggling but allows them to solicit smuggling services.
Meta said it reached its policy decision after five months of deliberation that sought out "global perspectives and a broad range of expertise." No specific organizations or groups are named, although Meta said they included "NGOs working with migrants" and "former border enforcement officials." Ultimately, more stakeholders advised the company to allow the solicitations, it said.
"We observed that a slight majority of stakeholders favored allowing solicitations of smuggling services for reasons associated with asylum seekers," the memo reads. "We decided that this was indeed the best option since the risks could be mitigated by sending resources, whereas the risks of removing such content could not be mitigated."
In order to "mitigate the risks" from allowing migrants to seek smugglers on its platforms, Meta said it "proposed interventions such as sending resources to users soliciting smuggling services." It did not elaborate on what those resources may be or whether they would end up effectively discouraging human trafficking. The company said it would allow "sharing information related to illegal border crossing."
The commitment to the controversial policy demonstrates the tech company's willingness to bow to left-wing activists even if it means facilitating illegal activity. An April 2021 report from the Tech Transparency Project identified a surge in Facebook groups devoted to human smuggling. Meta's new policy comes as more migrants attempt to illegally cross into the United States than at any point in the country's history.
Meta spokesman Drew Pusateri confirmed the platform would continue to allow solicitations for human smuggling after its consultation with outside experts.
"We regularly engage with outside experts to help us craft policies that strike the right balance between supporting people fleeing violence and religious persecution while not allowing human smuggling to take place through our platforms," Pusateri said. "At this time, we have no policy changes to announce."
Republican lawmakers have criticized Meta's practice of tolerating human smuggling on its platforms. In May 2021, Rep. Kat Cammack (R., Fla.) wrote a letter to CEO Mark Zuckerberg sharing posts she found on Facebook from potential human smugglers.
"It is unacceptable for an American company to allow a criminal enterprise to use your platform to freely encourage and facilitate criminal activity," Cammack said in the letter.
In response, Meta maintained the platform prohibits "content that either offers or assists with human smuggling" and said it deleted the content highlighted by Cammack.
Meta acknowledges in the memo that its decision comes with "tradeoffs." Allowing the solicitation of smuggling services "can make it easier for bad actors to identify and connect with vulnerable people." It also added that "law enforcement and government bodies … raised concerns that permitting this type of content on our platforms facilitates illegal activity and puts migrants at serious risk of exploitation or death."
Both Republicans and Democrats, including President Joe Biden, have condemned human smuggling operations that bring migrants into the country across the southern border. In July 2021, the White House announced a new "Human Smuggling and Trafficking Task Force" to "disrupt and prevent migrant smuggling and human trafficking operations."
Migrants who enlist the assistance of human traffickers to come across the southern border are often subjected to sexual assault or other forms of violence. A May 2017 report from Doctors Without Borders found 31.4 percent of female migrants who traveled through Mexico into the United States had been sexually abused.
"Migrants and refugees are preyed upon by criminal organizations, sometimes with the tacit approval or complicity of national authorities, and subjected to violence and other abuses—abduction, theft, extortion, torture, and rape—that can leave them injured and traumatized," the report reads.
Adios, Sanctuary La Raza Welfare State of California A fifth-generation Californian laments his state’s ongoing economic collapse. By Steve Baldwin American Spectator What’s clear is that the producers are leaving the state and the takers are coming in. Many of the takers are illegal aliens, now estimated to number over 2.6 million (BLOG: THE NUMBER IS CLOSER TO 15 MILLION ILLEAGLS). The Federation for American Immigration Reform estimates that California spends $22 billion (DATED: NOW ABOUT $35 BILLION YEARLY AND THAT IS ON THE STATE LEVEL ONLY. COUNTIES PAY OUT MORE) on government services for illegal aliens, including welfare, education, Medicaid, and criminal justice system costs.
Liberals claim they more than make that up with taxes paid, but that’s simply not true. It’s not even close. FAIR estimates illegal aliens in California contribute only $1.21 billion in tax revenue, which means they cost California $20.6 billion, or at least $1,800 per household. Nonetheless, open border advocates, such as Facebook Chairman Mark Zuckerberg, claim illegal aliens are a net benefit to California with little evidence to support such an assertion. As the Center for Immigration Studies has documented, the vast majority of illegals are poor, uneducated, and with few skills. How does accepting millions of illegal aliens and then granting them access to dozens of welfare programs benefit California’s economy? If illegal aliens were contributing to the economy in any meaningful way, California, with its 2.6 million illegal aliens, would be booming. Furthermore, the complexion of illegal aliens has changed with far more on welfare and committing crimes than those who entered the country in the 1980s. Heather Mac Donald of the Manhattan Institute has testified before a Congressional committee that in 2004, 95% of all outstanding warrants for murder in Los Angeles were for illegal aliens; in 2000, 23% of all Los Angeles County jail inmates were illegal aliens and that in 1995, 60% of Los Angeles’s largest street gang, the 18th Street gang, were illegal aliens. Granted, those statistics are old, but if you talk to any California law enforcement officer, they will tell you it’s much worse today. The problem is that the Brown administration will not release any statewide data on illegal alien crimes. That would be insensitive. And now that California has declared itself a “sanctuary state,” there is little doubt this sends a message south of the border that will further escalate illegal immigration into the state.
"If the racist "Sensenbrenner Legislation" passes the US Senate, there is no doubt that a massive civil disobedience movement will emerge. Eventually labor union power can merge with the immigrant civil rights and "Immigrant Sanctuary" movements to enable us to either form a new political party or to do heavy duty reforming of the existing Democratic Party. The next and final steps would follow and that is to elect our own governors of all the states within Aztlan." Indeed, California goes out of its way to attract illegal aliens. The state has even created government programs that cater exclusively to illegal aliens. For example, the State Department of Motor Vehicles has offices that only process driver licenses for illegal aliens. With over a million illegal aliens now driving in California, the state felt compelled to help them avoid the long lines the rest of us must endure at the DMV. And just recently, the state-funded University of California system announced it will spend $27 million on financial aid for illegal aliens. They’ve even taken out radio spots on stations all along the border, just to make sure other potential illegal border crossers hear about this program. I can’t afford college education for all my four sons, but my taxes will pay for illegals to get a college education.
Biden Helps Illegal Alien, Accused of Killing Teen Girl, Evade Deportation Win McNamee/Getty Images/GoFundMe 3:15
President Joe Biden’s so-called “sanctuary country” orders are helping an illegal alien, accused of killing a 19-year-old girl in Texas, evade deportation from the United States.
In November 2020, 19-year-old Adrienne Sophia Exum was allegedly hit and killed by Heriberto Fuerte-Padilla, an illegal alien from Mexico, in Harris County, Texas. According to police, Padilla was driving drunk at the time and was subsequently charged with fleeing the scene of the crash and drunk driving.
Stephen Dinan with the Washington Times now reports that Biden’s sanctuary country orders — where Immigration and Customs Enforcement (ICE) agents are banned from arresting and deporting illegal aliens unless they meet narrow thresholds of criminality — are helping Padilla evade deportation from the U.S.
Adrienne Sophia Exum (Photo via GoFundMe)
Dinan reports:
The Homeland Security Department initially said it wanted authorities to pick him up and deport him once Texas punished him, but then it changed its mind. Under rules issued in September by Homeland Security Secretary Alejandro Mayorkas, Fuerte-Padilla doesn’t qualify as a priority anymore . [Emphasis added]
U.S. Immigration and Customs Enforcement also told Texas that it was canceling deportation requests — known as “detainers” — on other illegal immigrants, including some who pleaded guilty to felony charges of evading arrest or had convictions for drunken driving , drug possession or domestic assault injuring a family member. [Emphasis added]
Likewise, Biden is also helping illegal aliens Jose Godoy Vasquez of Guatemala and Nay Thar of Thailand evade deportation.
Vasquez has been convicted of drunk driving, domestic violence, and drug possession while Thar has convictions for drunk driving, drug possession, fleeing police, and secretly getting contraband into prison.
The revelations come as Department of Homeland Security (DHS) Secretary Alejandro Mayorkas bragged to elected officials that Biden’s sanctuary country orders are shielding most illegal aliens in the U.S. from arrest and deportation.
C-SPAN “Unlawful presence in the United States, alone, will not be a basis for immigration enforcement action … it is a matter of justice and equity as well,” Mayorkas said.
Throughout the last year, the orders successfully freed into the U.S. illegal aliens accused and convicted of child sex crimes , armed robbery , drunk driving, burglary, cocaine trafficking , grand theft auto, heroin trafficking, credit card fraud, money laundering, and other crimes.
As Breitbart News reported, DHS has failed to make public their annual report that details the number of illegal aliens arrested and deported by ICE agents throughout the prior 12 months. Former ICE officials have suggested that the agency is diligently trying to manipulate the data to make it harder to compare to past years of interior enforcement.
John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here .
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