CHICAGO — It’s a scandal of privacy, politics and an essential ingredient of business success — public trust. Investors fear that Facebook users will start to think twice before posting the latest snapshots of their puppy, or clicking “like” on a news story or movie trailer. “I think it’s changed people’s perceptions.”After the scandal broke, Facebook CEO Mark Zuckerberg apologized, admitted his company’s mistakes and said security needs to be enhanced to protect users’ data. While some disenchanted Facebook users have deactivated their accounts, others point out that breaking up can be hard to do. Facebook is not the only company to deal with misuse of private information that has weakened public confidence.

Source: National Post March 24, 2018 14:03 UTC