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It's Rico Daily. I'm Adam Clark Estus. It shouldn't shock you when I say there's been some

turmoil lately at Metta, Facebook's parent company. Mark Zuckerberg has been fielding

controversy after controversy for years, but the company always bounces back and it keeps growing

and it keeps making tons of money. That may not be the case this time. The past couple of

weeks have revealed some tough truths for Metta. Not only is it's business offering, but it also

looks like Metta could soon face serious pushback from anti-trust regulators and law makers.

Thursday, the value of Facebook dropped $251 billion. Those Metta shares are plummeting

on lower than expected at first quarter guidance. The federal judge is allowing in FTC

anti-trust lawsuit to proceed against Facebook's parent company Metta.

Here to go over all of Facebook's recent woes is recodes in your correspondent,

Cherine Gaffari. Hey, Cherine. Hey, Adam. So, Cherine, it seems like a lot has been happening

with Facebook and Metta in the past couple weeks and it seems bad. Tell me about some of the problems

the company has been having lately. Facebook had a disappointing earnings this past quarter and

their report show that they lost global daily active users for the first time ever in the main

Facebook app. That, along with lower than expected financials sent the stock price plummeting,

Metta lost $252 billion in market value, setting a new record for the biggest price drop in a

...