The following timeline details the end-of-day U.S. market share for Facebook among competitor social media platforms (Pinterest, Twitter, YouTube, Instagram, Tumblr, Reddit, and several others) as reported by gs.StatCounter.com. Thanks to Phillip Tracy at The Daily Dot for regularly updating their timeline off of which this one is based.
March 9: This is the last day before information began spreading about Facebook’s data breach.
March 18: Facebook suspends Cambridge Analytica and its parent company, SCL Group, alongside whistleblower Christopher Wylie.
March 19: U.S. government leaders begin to press Congress to hold hearings where Facebook’s Founder and CEO, Mark Zuckerberg would testify.
March 20: Facebook holds emergency meeting to discuss the scandal with employees and answer questions. CEO Mark Zuckerberg was not in attendance.
March 23: Elon Musk deletes Facebook accounts for Tesla and SpaceX. Mark Zuckerberg gets invited to testify in front of The House of Representatives. Cambridge Analytica offices are raided by Britain’s Information Commissioner’s Office.
March 25: Mark Zuckerberg publishes an apology in British and American newspapers.
April 4: Facebook increases the number of affected users to 87 million instead of 50 million from original reports.
April 8: Facebook suspends AggregateIQ from the platform after determining an affiliation with SCL group. Facebook also suspends CubeYou for improper data usage.
April 10: Mark Zuckerberg testifies before Congress.
Has Facebook overcome the dip or is this their new normal? Let us know what you think.