Facebook loses its shares

Facebook loses its shares
Around Facebook a scandal broke over the violation of the law on the storage and use of personal data of users and is still gaining not frail turns. Channel 4 News recently published a scandalous video, where Cambridge Analytica CEO Andrew Nix said that thanks to a thorough analysis of personal data on 50 million Facebook users, they were able to lead Trump to victory. The statement received great publicity and led to a resonance and shows that in a skillful hands the social network can become a dangerous tool for the large-scale personal goals of a group of people. It also became known that Facebook employees were aware of what Cambridge Analytica does, but they limited themselves to a written warning and it did not go any further. According to the latest news, it became known about the third person Trump, John Bolton, who founded Cambridge Analytica in August 2014, it happened a couple of months after the beginning of the collection of data about users. Also, as a result, the #deletefacebook movement was founded, which was supported by many influential people: SpaceX, Tesla, influential IT entities and many others. After such a scandal, the company's shares fell as much as 13%, which means the loss of tens of billions of dollars.
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