Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,165,750 members, 7,862,456 topics. Date: Sunday, 16 June 2024 at 05:08 PM

Zuckerberg Learnt The Lesson He Deserved From The Street. - Technology Market - Nairaland

Nairaland Forum / Science/Technology / Technology Market / Zuckerberg Learnt The Lesson He Deserved From The Street. (267 Views)

I Attended Eyowo Launch Press Conference And This Is What I Learnt / "My 2018 Goal Is To Fix Facebook" - Mark Zuckerberg Reveals / These Are The Reason Mark Zuckerberg Visit Nigeria (2) (3) (4)

(1) (Reply)

Zuckerberg Learnt The Lesson He Deserved From The Street. by Nobody: 6:59pm On Dec 14, 2018
To Our Greatest Surprise, Facebook stock finally tumbled last week after a long stretch of unresolved privacy issues.NY Post photo composite/Mike Guillen, And It Read's below,

It was confirmed by some clear source, That this week Facebook CEO Mark Zuckerberg finally got the whack across the nose that many had hoped Congress would give him back in April.

The social media giant’s stock price took a spectacular nose dive Thursday after the company forecast a slowdown in the rate of new user signups. Analysts reckon Facebook’s limp response to the European Union’s recently enacted digital privacy laws also soured investors on its near-term financial future.

While Zuckerberg spent the first half of 2018 listening to but not really hearing complaints about how Facebook mishandles user data, it’s a good bet he’s listening now. All told, Thursday’s trading vaporized $119 billion of the Menlo Park, Calif., company’s market value. That’s roughly the equivalent of the gross domestic product of Kuwait.

Public patience with Zuckerberg’s often unconvincing — and at times duplicitous — statements about the heroic lengths Facebook goes to to protect user data appears to have come to an end. A rolling tide of revelations this year about persistent privacy breaches has eviscerated Facebook’s credibility on the issue. People have been logging off in droves. For more Information kindly click http://www.nerroloaded.com.ng/2018/12/zuckerberg-learnt-lesson-he-deserved.html And enjoy.

1 Share

(1) (Reply)

105k For A Samsung Galaxy S8 Plus With Fast Charger / Infinix Hot 4 Pro For Sale / Iphone Software/worldwide Unlock Available!

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.