We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Facebook’s market capitalisation exceeded $1-trillion (R15.01-trillion) for the first time earlier in 2021 as the social media group cashed in on the global move online prompted by Covid-19 lockdowns. That is about three times SA’s GDP.

After a former employee leaked reams of internal documents to the Wall Street Journal last week detailing how the company knowingly prioritised profits over the wellbeing of its users, its market cap dropped back below the trillion-dollar mark...

This article is free to read if you register or sign in.

If you have already registered or subscribed, please sign in to continue.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.