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Facebook has a hedge but damage control is needed to address problems of privacy, fake news

Tuesday 31 July 2018 | 10:22 CET | Author: Tim Poulus | Market Commentary
Facebook's first loss of customers in Europe resulted in a 20 percent drop in its market capitalisation. Is this the beginning of the end for Facebook or will the share price recover in the coming months? The fact is Facebook is the undisputed leader of the broader communications market, including social networking, with the services Facebook, Instagram, WhatsApp and Messenger. The network effect can't be undone with a snap, and the range of its services gives Facebook a hedge: if customers leave Facebook, they come back on Instagram. Nevertheless, it still has two big problems: privacy and

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Categories: General / Internet
Companies: Apple / Facebook / Google / Instagram / Snap / Twitter / Viber / WhatsApp / YouTube
Countries: World
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