Why Facebook lost $230B in one day (+ crypto thieves in jail, and booming Amazon)
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Description
Let's look at the most important tech news of last week: Meta (the old Facebook) announced some bad (like...very bad) quarterly earnings. Let's understand what happened and the risks the company is facing.Amazon also announced their quarterly earnings, but they were pretty dope instead. Now 1 out of 153 Americans work for Amazon, and their advertising business is bigger than Youtube. The US Department of Justice arrested the two hackers that stole 120k Bitcoin in 2016 and seized $3.6B worth of Bitcoin from them. In the episode, I mention a 1.5 hrs deep dive I run for my community, and you can watch for free by joining the free trial of my community here: https://school.ai-academy.com/ai-academy-school-community.
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