After the leak of data of millions of users on Facebook, where the whole world is in shock at one side, on the other hand, this accident has been a big blow to Facebook.
According to reports, on Monday American social media shares fell nearly 7 percent. Facebook CEO Mark Zuckerberg has received a whopping $ 395 billion ($ 6.06 billion) in one day.
What is the whole case
Indeed, a UK based firm Cambridge Analyca which helped Donald Trump, in the US presidential election has been accessed of stealing personal information of more than five million Facebook users. This information has been used during the election. In this case, the US and the European MPs asked Zuckerberg to have a meeting with them. They want to know how Cambridge Antilica of Britain helped Donald Trump win presidential elections in America? Since this news flashed in media, Facebook shares fell 7% on Monday.
Facebook has already clarified:
However, in this case Facebook has already been told that how the Russian people used their platform to propagate before the presidential election in 2016 in Russia, but no questions were raised against him. This issue can also constrain a strict regulation on social networking sites. A UK MP said on Monday that the country’s privacy watchdog should get more strength.
