Facebook loses $100 billion in 10 days amid data scandal
The market capitalisation of Facebook fell more than $100 billion over the last 10 days after the data scandal involving Cambridge Analytica was exposed. Facebook shares fell over 5% on Monday after the US Federal Trade Commission announced that it is probing how data of 50 million Facebook users was exploited to influence the US presidential elections.
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10:07 pm on 26 Mar
Source: Inshorts
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