Facebook’s Stock Structure Gives Mark Zuckerberg a Blank Check — Investors Were OK with that, But the World Can’t Afford to Be
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- Facebook is under scrutiny for how it handled its knowledge that Cambridge Analytica illicitly collected data on 50 million of its users.
- In the wake of the news, Facebook's stock plunged 7% amid worries that it was practically inviting Congress to step in and regulate its network.
- This scandal, along with the news that Russian-linked groups exploited Facebook's network to try to influence the 2016 election, might have other CEOs worried about their jobs...