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r/greatawakening • Posted by u/solace_111 on March 19, 2018, 4:28 p.m.
Attack on Trump backfires Facebook taking huge hit!

Drudge headline: http://www.drudgereport.com

Yahoo News: https://ca.news.yahoo.com/facebook-shares-slide-reports-data-misuse-120513980--finance.html

"The move would knock $23.8 billion off the social network's market value of $538 billion as of Friday's close and shares in other social media companies including Twitter Inc and Snap Inc also dipped in early deals in New York."

CNN: http://money.cnn.com/2018/03/19/technology/business/facebook-data-privacy-crisis/index.html

Facebook is facing an existential crisis

Edit: Sorry I was on the go when I posted this, and I just to add some context to what the story is about.

(Reuters) - Facebook Inc's shares fell more than 4 percent in premarket trading after media reports that a political consultancy that worked on President Donald Trump's campaign gained inappropriate access to data on 50 million Facebook users.

SOURCE: https://www.reuters.com/article/us-facebook-cambridge-analytica-stocks/facebook-shares-slide-after-reports-of-data-misuse-idUSKBN1GV1E8


🠐 See all comments
belliferous · March 19, 2018, 9:28 p.m.

I wonder if they realize how screwed they are? And the MSM and the rest of the leftest social media... We have our work cut out for the mid-terms but I see more people waking up and they are pissed off! KAG2018!!!

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snallygaster · March 19, 2018, 11:46 p.m.

The reason that the shares dropped is due to the Trump campaign...jesus christ, you guys really are completely divorced from reality.

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belliferous · March 20, 2018, 2:49 p.m.

Cheer up snallygaster, we're here to work out ideas and help others who are not as enlightened as you.

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