After winning the case, Facebook’s share market valuation is over 1 trillion US dollars
The share market valuation of world-renowned social networking company Facebook has reached over 1 trillion US dollars. The company has joined the club of other companies valued at 1 trillion for the first time since winning a lawsuit against a US government regulator.
The company is valued at 1 trillion along with the share price increase. The government had filed an anti-trust complaint against Facebook.
In addition, 46 states in the United States have filed similar lawsuits against Facebook, dismissing them as outdated.