Facebook founder and CEO Mark Zuckerberg speaks during the 56th Munich Security Conference in Munich, southern Germany, on February 15, 2020.
Christof Stache | AFP | Getty Images
Facebook share fell close to 5% on Monday after the company suffered the most in its 13-year-old performance, and the day after “60 Minutes” showed an interview with a broadcaster, who accused the company of betraying democracy.
The market was flat on Monday, with the tech-heavy Nasdaq Composite dropping about 2%. The decline was particularly acute among media stocks, as Twitter, Snap and Pinterest each fell more than 5%.
Shortly before the start of the ET afternoon, Facebook’s main app experienced a shutdown, as did Australian and WhatsApp services. They remained global as close to the market.
“We know that some people are having difficulty finding applications and products,” said the company in a tweet. “We are working to get things back on track as soon as possible, and we apologize for any inconvenience.”
The release is the biggest show on Facebook since 2008, when the bag knocked on the company’s non-performing day jobs, affecting about 80 million. The company is now proud of its $ 3 billion users.
It’s been a tough week for Facebook, and it’s even worse Sunday night.
In an interview with “60 Minute,” Frances Haugen identified herself as the owner of a newspaper who provided corporate content to the Wall Street Journal. The Journal used that information in a series of recent reports called “The Facebook Files.”
Haugen was a former product manager on Facebook for the social media who left the company in May and made copies of several internal files before leaving the company. Haugen accused Facebook of putting “its money on social security – putting people’s lives at risk.”
Facebook share slots 4.9% closing at $ 326.23. The stock is still up 19% this year.
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