According to fresh stock quotes, Facebook's market capitalization fell by almost 100 bn dollars. A this means that after the scandal with leakage of data for only week the company lost a fifth of its value.
If to 16 March (note: up to scandal with Cambridge Analytica and mass appeals to remove Facebook) the market value of the company was $ 537.9 billion, then to the close of trading on 27 March it fell to $ 442.4 billion This is almost $ 100 billion losses or 21.6% of of the total value of the company. This is very very much even the largest companies in the world.
AT general, Mark Zuckerberg is not you will envy - in early in the year he wanted to " fix " Facebook, returning him the old lamp, and now he became one of the most hated people of the planet and at within 2 weeks is obliged to come forward with explanations before the US Congress.
More about scandal with Cambridge Analytica
AT 2013, Professor of Cambridge University Alexander Kogan created another test application in spirit of " find out, you pretzel or gingerbread. " AND for its passage it was necessary to open access to data of your page. However, the application acted more cunningly and accidentally asked at the same time to open access to account data, which are in friends the user. AT The test was passed 270 thousand people, but Kogan collected personal data 50 million users.
AT early 2015, Kogan sold the data to Cambridge Analytica, which later used them for manipulating elections in 200 countries by the whole world. As shown by the investigation of Channel 4, in Facebook is not could not know about accounting, but apparently decided to just hush up the story. Do not hush up happened - Now the action #deletefacebook is gaining momentum, investors are preparing to sue social network because of the opaque leadership policy, and Mark Zuckerberg lost a lot of money because of the company's share price decline.
More information about the scandal can be found here .