Wednesday, March 21, 2018

Where's Zuck? Facebook CEO silent as data harvesting scandal unfolds


By The Guardian, Mar. 19, 2018

The chief executive of Facebook, Mark Zuckerberg, has remained silent over the more than 48 hours since the Observer revealed the harvesting of 50 million users’ personal data, even as his company is buffeted by mounting calls for investigation and regulation, falling stock prices and a social media campaign to #DeleteFacebook. 

Facebook’s shares slid 6.77% on Monday following the news, knocking $36bn off the company’s valuation as investors worried about the consequences of the revelations. Zuckerberg owns 16% of the company and personally saw his fortune fall $5.5bn to $69bn, according to Forbes’ live tracker of the world’s wealthiest people.
Read More: https://www.theguardian.com

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