Facebook stock drops more than 20% after revenue forecast misses
&gt; Wehner also said Facebook still expects expenses to grow 50% to 60% from last year<p>&gt; “But as I’ve said on past calls, we’re investing so much in security that it will significantly impact our profitability,” Zuckerberg said. “We’re starting to see that this quarter.”<p>That sounds like a big 1-year jump. From what I can tell, the big Facebook scandals (fake news, Cambridge Analytica) came from faults in company policies rather than security glitches.<p>I wonder if labeling it &quot;security&quot; is a PR thing as their web ads all focus on FB taking active steps to make sure those types of scandals don&#x27;t happen again.