Facebook Stock Soars Despite Privacy Issues: Why Won’t Investors Take Their Heads out of the Sand?

Facebook users are either very naive or just not easily phased. They helped the social media giant set revenue records during the last quarter when it was plagued by data breaches and privacy concerns. Not only did the seemingly-embattled media behemoth report record earnings, but it also reported a significant…

Mark Zuckerberg Defends Facebook: We Don’t Sell User Data, But Store Tons of Private Info

Mark Zuckerberg has launched a defense of Facebook’s data-storage policies in an Wall Street Journal op-ed. | Source: Shutterstock By CCN.com: Mark Zuckerberg, the CEO of social media monopoly Facebook, claims his company does not sell private user data. The 34-year-old billionaire issued the denial amid volcanic backlash over longstanding…