The student news site of Carlmont High School in Belmont, California.

Scot Scoop News
The student news site of Carlmont High School in Belmont, California.

Scot Scoop News
The student news site of Carlmont High School in Belmont, California.

Scot Scoop News

Cartoon: Meta’s Misstep

Tymofiy Kornyeyev, Staff Writer • February 8, 2022
Following a rapid rise in expenses, unstable ad revenue, and increased competition, Meta’s (formerly Facebook’s) stock broke records by plunging 26% between Feb. 2-3, an amount that translates to a loss of roughly $230 billion. Put into perspective, Meta lost more money overnight than the entire net worth of companies like Netflix, Costco, and Intel. (Tymofiy Kornyeyev)
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About the Contributor
Tymofiy Kornyeyev
Tymofiy Kornyeyev, Staff Writer
Tymofiy is a junior and guest writer in Carlmont's journalism program making cartoons for the publication. He is interested in movies, video games, technology, and the sciences. Twitter: @808409tymkor