Facebook Increased Failure | impact on business | fall in stock

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New York: Facebook Increased Failure Social media company Facebook’s troubles are not taking the name of its users after the case of misuse of their information.

 Facebook Increased Failure

 

How The Facebook Increased Failure

After the controversy surfaced, the company’s shares fell 14 percent this week. Meanwhile, many major companies, including Mozilla, Commerzbank, Tesla, SpaceX, have also taken the edge of Facebook right now.

Alan Musk, the chief executive officer (CEO) of companies like Tesla and SpaceX, has shut down the Facebook page of its companies after a sharp debate on Twitter.

Facebook Increased Failure

During the debate on Twitter, he said that he will close his company’s Facebook page. After this, the pages of SpaceX and Tesla are not visible on Facebook. However, both companies have not commented on this.

Mozilla, a manufacturer of the Firefox Web Browser, wrote on the blog Wednesday: “We are currently making a distance from Facebook. We are still stopping advertisements for Facebook and nothing will be posted on our Facebook page yet. ”

Facebook Increased Failure

Mozilla has not removed his Facebook page right now. He said that if Facebook tries to improve the information of users and improve privacy settings, then they will consider returning to Facebook.

Germany’s Commerzbank has also said that he is currently blocking Facebook advertising and is evaluating the safety of the information.

Facebook Increased Failure

Sonos, a company producing other electronic products including speakers, has also blocked his advertisement for Facebook for Instagram, Google, and Twitter for one week.

However, Facebook has dismissed the apprehensions of the impact on the business. In the statement, he said, “Most of the companies we have talked this week have expressed happiness with the steps taken by us to protect the information related to the people.

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In the meanwhile, according to AFP reports from London, British regulators have started searching for the offices of the company, Cambridge Analyst, which is involved in the dispute.

About 18 officials of the Information Commissioner Elizabeth Denham’s office searched the London headquarters of Cambridge Analyst.

Denham’s office told on Twitter that the High Court has cleared the raid on the company’s office.

Facebook Increased Failure

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