Facebook stock is on the verge of tipping into a bear market, and with regulators in the U.S. and Europe vowing to take action against the company investors shouldn’t expect it to recover anytime soon. On a day in which the Dow Jones …
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The Federal Trade Commission is opening an investigation into the Cambridge Analytica scandal as Facebook executives are expected to face tough questions on Capitol Hill.
Facebook stock plunged Monday after the Federal Trade Commission (FTC) announced it was investigating the social media company over a data breach affecting roughly 50 million people. Shares in Facebook fell more than 6 percent, …
Facebook Inc.'s stock tumbled Monday after the social media company accused a data analytics firm used by the Trump campaign of exploiting ill-gotten data belonging to unwitting Facebook users. Shares of Facebook sank 6.7% to …
Facebook's stocks plunged to its worst loss in four years Monday as its officials faced calls from across the world to testify over the Cambridge Analytica data scandal. The firm funded by the conservative billionaire Mercer family and once …
So who doesn’t want to get in the face of Facebook Chief Executive Mark Zuckerberg? By the close of business on Monday, federal regulators said they had opened a probe of the social network, more than three dozen state attorneys …
Shares of Facebook (FB) dropped again Tuesday after reports of harvested user data from controversial political data analytics firm Cambridge Analytica. Facebook CEO and founder Mark Zuckerberg still managed to avoid a bigger …
Facebook’s stock rose roughly 4 percent halfway through CEO Mark Zuckerberg’s Senate hearing Tuesday afternoon. The tech giant’s market valuation has taken a big hit in recent weeks due to a number of recent events and purported …
While investors were mesmerized by Mark Zuckerberg’s testimony to two Senate committees, the market rally held up very nicely. Facebook (FB) shares rallied 4.5%, but there were other tech names making even bigger moves as …
Facebook’s stock price fell deeper Tuesday after reports of expanding U.S. and U.K. probes into its role in the unauthorized use of personal information by a Trump-connected data firm. The social media company has been under …