Facebook Takes Historic Plunge as Scandals Finally Take a Toll

Facebook Takes Historic Plunge as Scandals Finally Take a Toll

6 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…