Facebook Just Lost More Than Tesla's Entire Market Cap in Two Days
Facebook Inc.’s privacy crisis has turned into a shareholder crisis. The social media giant has lost over $60 billion in market value over the past two days, following revelations that personal data of millions of users was obtained by a data analytics firm. That’s more than the market capitalization of Tesla Inc. at around $52 billion or three times that of Snapchat owner Snap Inc. at about $19 billion.
Continue Reading https://www.bloomberg.com
Join the Discussion