NPR

Facebook just had its worst day ever on Wall Street

Investors wiped more than $250 billion off the market value of Facebook owner Meta after the company warned competition from TikTok is weighing on growth.
In this illustration photo taken in Los Angeles on Oct. 28, 2021, a person watches on a smartphone as Facebook CEO Mark Zuckerberg unveils the META logo. The name of Facebook's parent company was changed to Meta to represent a future beyond just its troubled social network.
Updated February 3, 2022 at 4:19 PM ET

Through all of the challenges Facebook has faced over the years, one thing has been constant: More and more people have kept signing up and logging on.

But that changed in the last three months of 2021, when the world's biggest social network

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