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  • CCPR 1

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    Saloni Kocharekar
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    The social media company faced lawsuits and lost $37 billion in market value in a day due to an unauthorized data leak, while over 3 million European users abandoned Facebook and the company lost 91 billion euros following the incident. The crises also damaged the personal reputations of company executives.

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    ccpr 1 (1)

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    The social media company faced lawsuits and lost $37 billion in market value in a day due to an unauthorized data leak, while over 3 million European users abandoned Facebook and the company lost 91 billion euros following the incident. The crises also damaged the personal reputations of company executives.

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    © All Rights Reserved
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    7 views1 page

    CCPR 1

    Uploaded by

    Saloni Kocharekar
    The social media company faced lawsuits and lost $37 billion in market value in a day due to an unauthorized data leak, while over 3 million European users abandoned Facebook and the company lost 91 billion euros following the incident. The crises also damaged the personal reputations of company executives.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    IMPACT OF CRISIS

    • The company faced multiple lawsuits from shareholders and users over the unauthorized
    data leak.

    • The social media giant lost a staggering $37 billion in market value in one day.

    • The crises affected on the company executives personal reputation. 

    • After the incident, over 3 million people in Europe abandoned


    Facebook, and  the  company   lost over 91 billion euros.

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