Facebook s parent company is now known tanked thursday after a bad earnings report, losing in the market at least $230 billion in market value. that amount, to give you some context, is more than a lot of large companies are worth. the megadrop comes after facebook reported a shocking decline in daily active users. cnn s matt egan joins us. aside from the decline in active users, they re really pointing to an unprecedented sea of competition too. that s right. happy friday, guys. i really hope that facebook employees are tiptoeing around mark zuckerberg today. their boss just lost at least on paper $30 billion. billion with a b. that s in one day. no one will shed any tears for mark zuckerberg. he s still worth $90 billion. but that qualifies as a bad day, in my book. the numbers are mind boggling. meta, that s the facebook owner, lost 26% in just a single day, worse since this company started trading in 2012. that translates to a loss of