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Facebook Loses $64 Billion while Mark Zuckerberg Loses $9 Billion



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2The controversy that is spreading all over the internet about Facebook and Cambridge Analytica story made many investors skeptical about the security of Facebook’s platform. There are billions of people using the platform including me. The Facebook’s algorithm can predict and analyze the user’s activity and interest through likes, share and follow.

Recent controversy that surrounds Facebook was considered to be a data breach of personal information being shared without the user’s consent for political intention.



Facebook market capital went spiraling down so low that Facebook loss a total of $64 Billion Dollars since the Cambridge Analytica news went mainstream. Zuckerberg was reported to have lost a total of $9 Billion Dollars which is 48hrs after the Cambridge Analytica rift.

You can read more of these reports by visiting these two links here $64 Billion  9$ Billion

 

Source : Market, Wealth

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