×
App Icon
The Standard e-Paper
Fearless, Trusted News
★★★★ - on Play Store
Download App

All negative headlines led to some advertisers saying “enough is enough”

Mark Zuckerberg

Facebook ended last week $58 billion (Sh5.8 trillion) lower in value after its handling of a historic data breach. Its founder Mark Zuckerberg apologised for data breaches that affected 50 million users.

The apology did not stop investors from selling shares in Facebook, with many wondering just how bad the damage would be for the social network. The breach was called a “light bulb” moment for users, spawning the social media trend #deletefacebook.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in