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Mark Zuckerberg rose from third to sixth place in the Bloomberg Billionaires index.
His fortune was down 18.4 percent from $ 86.5 billion in July 25 to $ 70.6 billion on Thursday, according to the index.
The co-founder of Facebook lost $ 15.9 billion.
The company's shares fell 18.96% to $ 176.26 per share on Thursday, which wiped out almost $ 100 billion of the company's market value after the publication of its Second quarter results disappointed the company. Investors and warned that their growth is slowing down.
The social network warned Wednesday that its revenue growth will be significantly reduced during, at least, the rest of the year, and that spending will continue to pull.
Earnings covered the first full quarter of the company since the publication of the Cambridge Analytica scandal . But experts attributed the lack of user growth primarily to the European privacy standards that came into effect last May, and not to the fury around the political advisory office linked to President Donald Trump, who inappropriately accessed dozens of data from millions of Facebook users.
Society continues to face great existential doubts, ranging from the privacy of its users and the dependence on technology to false information and misinformation, to the discourse of hate and extremism at your service.
Sometimes it seems that F acebook can not decide the precise place of its values . For example, there is still a thin line between the regulation of what users publish and the maintenance of a neutral platform in an increasingly divided world, and between protecting privacy while collecting as much as much information as possible from its users.
Facebook had 2 thousand 230 million monthly users until June 30 an increase of 11% over the previous year. Analysts were expecting 2 thousand 250 million, according to FactSet. User growth remained unchanged in the United States and the rest of North America, while decreasing slightly in Europe.
According to information from AP
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