Facebook's Stock Tanks and the 'Fortnite' Founder Is Now a Billionaire! 3 Things to Know Today. Stay in the know in 60 seconds.

By Stephen J. Bronner Edited by Dan Bova

  • Facebook warned its shareholders that its growth had slowed after numerous scandals rocked the company. Despite its efforts to fix its image, Facebook's stock price dropped by more than 20 percent on Wednesday.
  • Tim Sweeney has joined the billionaire club. Now, you may not know him by name, but you've definitely heard of his company and its product -- Epic Games, makers of video game phenomenon Fortnite. The game is on track to make $2 billion just this year.
  • Segway, maker of everyone's favorite stand-up scooter, will soon release its version of roller skates. There's no price and release date for the Segway Drift W1 e-Skates, but they look much cooler than its signature product.

Watch the previos 3 Things to Know video: Ivanka Trump Shuts Down Her Fashion Brand. 3 Things to Know Today.
Stephen J. Bronner

Entrepreneur Staff

News Director

Stephen J. Bronner writes mostly about packaged foods. His weekly column is The Digest. He is very much on top of his email.

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