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Saturday, March 31, 2018

A billionaire biotech investor says Facebook will be decimated by its disastrous data leak (FB)



A billionaire biotech investor says Facebook will be decimated by its disastrous data leak (FB)

  • Facebook's share price will be cut in half by the Cambridge Analytica scandal, the billionaire British investor Jim Mellon predicts.
  • He told CNBC the data disaster was just the "tip of the iceberg."
  • Facebook and Google are "ripe for the plucking" by governments around the world, he added.
Jim Mellon, the billionaire British investor, has predicted that Facebook faces "decimation" over the Cambridge Analytica data disaster.






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