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Misinformation and allowing election meddling and led to an apology tour with ceo mark zuckerberg concluding with a grilling on capitol hill. >> i started facebook. i run. it at the end of the day, i am responsible for what happens. >> facebook promised to spend billions to put privacy first. users liked that. investors didn't. >> facebook just suffered the biggest single day loss for any public company in history. >> in one day, facebook lost $119 billion in market value. tackling its problems will cut into facebook's profits for years to come. but the company says it's necessary to improve i...

Before treatment, get tested for tb. tell your doctor if you've been to areas where certain fungal infections are common, and if you've had tb, hepatitis b, are prone to infections, or have flu-like symptoms or sores. don't start humira if you have an infection. be there for you, and them. ask your gastroenterologist about humira. with humira, remission is possible. well, couple of the world's social media companies this week, facebook had the biggest single day loss for any public company in u.s. stock market history, plunging nearly 20% on thursday, wiping out nearly $119 million of its ma...

Doesn't react well. dave. >> jomana karadsheh live for us this morning in istanbul. let's get a check of cnn money. global stocks higher today after what was a mixed day on wall street. the dow closed higher after the u.s. and eu said they would work together on trade. the s&p and nasdaq fell because of facebook. facebook shares plunged 19% yesterday. it plans to spend billions of dollars on security to cut into profit for years. that drop is a $119 billion drop in market value. the single biggest day loss for a company ever. facebook's drop hit the tech sector. tech should rebound due to am...

Dave. >> significant development. alexandra field live for us in south korea. to wall street. investors are concerned about what happened yesterday. it was the worst day in history for facebook. shares plunged 19% after it announced it will spend billions on security. facebook lost $119 billion in stock market value. that is the biggest single day loss for a public company ever. to put that in perspective, how much value evaporated from the company is more than the value of most companies like costco and american express and c caterpillar. it took $16 billion off mark zuckerberg's value. fac...

♪ keep it comin' love. if you keep on eating, we'll keep it comin'. all you can eat riblets and tenders at applebee's. now that's eatin' good in the neighborhood. we're watching wall street right now, where facebook is really trying to recover this morning after the biggest single day loss for any public company in u.s. stock market history. this is all tied to worries about the financial impact of dealing with this whole fake news and cambridge analytica scandal. the stock dipped 19%. 19%. that means it obliterated $119 billion in facebook's value. what does that perspective mean? that lo...