Facebook Takes Historic Plunge as Scandals Finally Take a Toll

Facebook Takes Historic Plunge as Scandals Finally Take a Toll

7 years ago
Anonymous $RBasgWKaIV

https://medium.com/@bloomberg/facebook-takes-historic-plunge-as-scandals-finally-take-a-toll-13d29b679acb

Facebook Inc. plunged as much as 20 percent Thursday after months of scandal and criticism finally hit the company where it hurts: growth.

The social-media goliath’s financial performance had previously seemed immune to fierce critiques of its content policies, its failure to safeguard private data, and its changing…

Facebook Takes Historic Plunge as Scandals Finally Take a Toll

Jul 26, 2018, 5:10pm UTC
https://medium.com/@bloomberg/facebook-takes-historic-plunge-as-scandals-finally-take-a-toll-13d29b679acb > Facebook Inc. plunged as much as 20 percent Thursday after months of scandal and criticism finally hit the company where it hurts: growth. > The social-media goliath’s financial performance had previously seemed immune to fierce critiques of its content policies, its failure to safeguard private data, and its changing…