Facebook value plummets by $118bn and Zuckerberg's fortune drops $16bn following privacy scandal-fueled growth slowdown

BetaNews
By Mark Wycislik-WilsonJul 26, 2018, 12:18 pm98 pts
Facebook shares and the personal fortune of Mark Zuckerberg took massive hits as the social network felt the impact of a growth slowdown and the fallout of recent privacy scandals. The company issued a warning to investors about a deceleration of growth in its userbase, leading to a stock drop of around 20…

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