Facebook's financial performance under the scanner of its content policy and private data has not had much impact on the financial performance yet, but the fall in sales figures in the second quarter showed the company's share. It recorded a historic fall of 20 per cent on Thursday. This has reduced the company's market value by more than $ 120 billion (about 83 trillion rupees).
On Thursday, the shares of the companies fell in the US stock market, the biggest share of Facebook shares. Earlier in 2015, Facebook did not live up to its revenues. In the first quarter of 2015, the company was unable to make its financial goals. After the massive fall, Facebook's CFO David Wenner said that in the third and fourth quarter, there would also be a rivalry in Ravenuve.
The number of Facebook users declined
Facebook had 1.47 billion daily active users in June. In the case of privacy, the number of users has started decreasing after the company's hiatus. In America and Canada, its users have decreased. There are 18.5 million users there. In Europe, its users declined by one percent and reached 2.79 crore. This fall in Facebook shares has worried its shared holdles.
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