Posted by: 11-01-2019, 06:32
Stock crash could be the end for Facebook
What is the memory of the past year for Facebook? Fines, fines and more fines. Once one of the most successful IT corporations is on the verge of collapse. At least, this fact is vividly demonstrated by the stock market data, which during the Christmas holidays was marked by a large-scale collapse.
Companies that are considered to be the leaders of the American economy have fallen victim. Particularly on their background, Facebook stands out, just in half the price in less than six months. At the same time, the number of scandals related to the social network continues to grow, while the value of the shares is moving down.
The Bloomberg publication, which often makes predictions, suggested what awaits Facebook in the coming 2019. There are no bright prospects for Zuckerberg. The company is waiting for a new wave of scandals and huge fines. It is possible that a huge corporation will fall into several small branches. Without a doubt, the number of users will decline. How accurate the forecast can be found on January 30th, when representatives of the social network will publish a new report.
Definitely, there will be nothing good there, but who is to blame for this, if not Zuckerberg himself, who sold the principles to the White House. Drainage of data, work on the special services and the introduction of unreasonable political censorship have become quite a reasonable cause of financial and reputational losses. As a result, users, employees, shareholders run. Countries, primarily Russia, do not need a social network that sells user security.
With this state of affairs, it is unlikely that the Zuckerberg corporation will be able to survive the 2019th year. If Facebook does not cease to be a litter of the American authorities and intelligence services, the social network is no longer save.
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