ADVERTISEMENT

Facebook Investors Fret Over Costs As Mark Zuckerberg Apologizes

Zuckerberg said the social network would disable access to their Facebook data more easily.
Zuckerberg said the social network would disable access to their Facebook data more easily.
Facebook Inc Chief Executive Mark Zuckerberg's apology for mishandling user data and some limited proposals for change at the social network drew mixed responses on Thursday, while Wall Street analysts worried about costs and a loss of trust. Another pair of major brokerages cut price targets for a stock that has shed around $50 billion in value since Monday. Shares in the company fell as much as 2.5 percent in heavy trading. In Was...
Register for Free
to continue reading
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit