Things may soon Zuck for Facebook as legislators un-like its practices

Zuckerberg’s behaviour is not that of a leader on damage control and investors are starting to take notice

27 September 2021 - 20:49 By Parmy Olson

For years Facebook stock has been a must own. The company enjoyed constant growth, regular user engagement and ad revenues that grew even with scandals tied to user data and fake news. But investors should be starting to worry a little.

Regulators have been given the tantalising prospect of accessing internal documents that could bolster planned investigations into the company. Files leaked to the Wall Street Journal recently exposed troubling internal practices and some of the documents have been handed over to the US Securities and Exchange Commission by a person seeking federal whistle-blower protection...

This article is free to read if you register or sign in.

If you have already registered or subscribed, please sign in to continue.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.