[ad_1]
2018 is not a good year for Mark Zuckerberg and Facebook, the company he co-founded and directed
After the scandal of data leaks of thousands of users from the social network to the company Analytica Cambridge and criticizes its inability to fight the spread of false news, now the opposite comes from the stock market.
Facebook shares collapsed Thursday after the company announced to investors that its profit rate is down while in total, their shares have lost nearly 19% of their value, which translates into a loss of more than 120,000 million US dollars, the largest history of a business in one day
This fall also resulted in the fall of the 39, Nasdaq index, which lost 1%.
Zuckerberg warning
"We are investing so much in security that this will tend Mark Zuckerberg warned at the end of this Wednesday.
" The GDPR (General Regulation on Data Protection) was an important moment for our industry, and we have seen a decrease of about a million people a month in Europe. "
The company said it hoped to increase its spending by 50% or more in its attempt to improve the way it monitors content, follows advertisers and processes user data, areas in which it has been subjected to review by regulators.
![102710592movilpa-af611588574c3115ef3376356454efd8.jpg [19659010] In addition, the company predicts that profit growth will be affected when people begin to use <strong> new options to limit advertising. </strong> </p>
<p> Facebook, property Instagram and WhatsApp, said its growth forecast for the rest of the year would be reduced to a 30% margin, up from 44% for the last quarter. </p>
<h3> Risk of Contagion </h3>
<p> Although Facebook's annual earnings growth was over 40%, <strong> nervousness seemed to extend </strong> to stock prices of other technology companies . </p>
<p> Twitter, which has faced criticisms similar to those of Facebook and will release its quarterly results Friday, closed Thursday with a 3% decline. </p>
<p> Other companies were more resilient. </p>
<p> Alphabet, owner of Google and YouTube, which depends on digital advertising, finished the day with a drop of less than 1%, while Spotify grew by almost 4.5%. </p>
<h3> Unique Factors </h3>
<p> Many of the factors that affect Facebook are unique to the company, said Daniel Ives, Strategy Director at GBH Insights. </p>
<p> The social network was subjected to a post-learning review that did not prevent data leakage from millions of users at the British company Cambridge Analyti </p>
<div class=](https://media.metrolatam.com/2018/07/27/102710592movilpa-af611588574c3115ef3376356454efd8-1200x0.jpg)
Facebook has also changed the appearance of the wall of its users, highlighting the publications of family and friends on those of companies or organizations, what Zuckerberg had already warned. 19659002] BTIG Research analyst Richard Greenfield opined that investors were exaggerating
"We were very stressed during the Facebook conference and we could feel the fear / panic in the voice of investors "From his point of view, Facebook is still a great opportunity for advertisers and the investments he's currently making will mean longer-term growth."
"The mobile c & rsquo; Is eating the world and Facebook is an essential business to benefit from this change. "
But for Daniel Ives, the future of the social network is not so encouraging:" (Facebook) offered a very disappointing forecast for the second part of this year and 2019 and will have a significant weight on short-term equities. "
Dave BBC correspondent Dave BBC in San Francisco, understands the most optimistic and pessimistic.
" In general, it seems that people do not want to be ". The number of active users per month – that is, those who interact at least once a month – remains stable in the United States, has dropped slightly in Europe and is increasing in the world. rest of the world, "he said
.] company accustomed to these numbers grow throughout the year, the lack of significant growth concerns, if not panic."
Less rich
The bad data of Thursday personally affected Zuckerberg himself, who in one day he lost nearly 16,000 million US dollars.
This made him fall twice on the Forbes list of billionaires of the world: he went down from fourth to sixth place, behind the Spanish mogul Amancio Ortega and the American businessman Warren Buffett [19659002] Zuckerberg is now 81.900 million US dollars "poorer" than Jeff Bezos founder and president of Amazon, who is still topping the list
Now you can receive notifica from BB [19659034] C News World. Download the new version of our application and activate it to not miss our best content.
[ad_2]
Source link
