Facebook things are getting pretty serious

The Cambridge Analytica scandal has cost Facebook nearly $50 billion in market value over the past two days. Facebook shares tumbled 6,8 percent Monday and another 2,56 percent Tuesday after news of the Cambridge Analytica data breach. Investors are worried that damage to the reputation of the world’s largest social media network would deter users and advertisers.


Source:
Napoleon Dynamite by Jared Hess, 2004
reuters.com, Kate Holton, Paul Sandle, 20.03.2018
losangeles.cbslocal.com, 20.03.2018