Music Business

Facebook Loses $50B Market Value, #DeleteFacebook Rages

Facebook thumbs downFacebook’s total market has fallen more than $50 billion since Friday,  the stock’s biggest two-day decline ever. Facebook’s stock fell 10% on Monday and Tuesday and was down another 2% in Wednesday morning trading. In addition to its stock market problems, #DeleteFacebook has been trending on Twitter.

All of this comes after it was revealed that the social network unwittingly shared data for as many as 50 million people with Cambridge Analytics, a firm that provided services to the Trump election campaign.

pro tipPRO TIP:  Consider this as a wakeup call to build a strong email list that you control.  Our two favorite tools for doing that are Noisetrade and Fanbridge. 

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