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GDPR directly impacts Facebook, 1 million European users lost

Facebook has lost one million active users in Europe post the introduction of the EU’s new privacy rules. The company experienced a 19 percent drop in shares in the company’s second quarter. Recent scandals related to fake news and data leaks may have also contributed to the decline in Europe’s active users. Facebook CEO Sheryl Sandberg said the new rules have not had a revenue impact, but said they are still monitoring the situation closely. The social network counts 2.2 billion users worldwide, 376 million in Europe and 376 million globally.”]

Source: https://www.bitdefender.com/blog/hotforsecurity/gdpr-directly-impacts-facebook-1-million-european-users-lost/

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