Facebook's bad day: A blip or the beginning of the end?

Facebook shares plunged 20 per cent and S$150 billion was wiped off its market value, on July 26, 2018.PHOTO: BLOOMBERG

For a long time, Facebook seemed invincible.

When the platform turned out to be a key tool for Russian agents trying to meddle in the 2016 US Presidential election, some wondered if the tide would start to turn on the social media giant.

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