Monday, July 30, 2018

FACEBOOK - The Ghost of 2016

"The 2016 election is coming back to haunt Facebook’s profits" PBS NewsHour 7/26/2018

Excerpt

SUMMARY:  Facebook took its biggest financial hit to date as its stock plummeted by about 19%, one of the largest single-day drops ever for a company.  Investors reacted to a quarterly report announcing profits won't be as high as hoped going forward because the company is making moves to shore up privacy and filter out misinformation and hate speech.  Jeffrey Brown learns more from Casey Newton of The Verge.

No comments: