San Francisco A stack of papers is destroying a fortune: A good 30 pages comprise the lawsuit that the Attorney General of Washington D.C. filed against Mark Zuckerberg last Monday. Shortly thereafter, his life’s work lost about $ 35 billion in stock market value. Shares of Meta, the parent company of Facebook, fell by six percent.
With the lawsuit, the US authorities are increasing the pressure on the Facebook founder and the meta group he leads. “Zuckerberg has personally played a role in Facebook’s failure to protect the privacy and data of users,” said the prosecutor Karl Racine.
The background is the scandal surrounding the company Cambridge Analytica, which had access to millions of Facebook data and is said to have helped former US President Donald Trump in the election campaign, among other things. The affair is now an example of the numerous problems of the Facebook Group and the behavior of its founder.