Facebook is a network where the majority of people are able to socialize with their friends, family, and even unknown strangers. Google, one the largest internet based company, makes its profit through advertisement; however, Facebook has become a potential threat because many companies want to invest their money for advertisement. Although Facebook is popular amongst people, privacy is becoming a major concern. This is because strangers are able to scan through other’s profile and obtain any individual’s personal information. This lead Google and F.T.C to charge Facebook to modify its privacy settings. Facebook saw a potential loss for the number of users which means that they will lose profit since many companies will decide to reduce their investment in Facebook for advertisement. The solution for Facebook’s potential profit loss was announced on August 2011. People were able to choose their own level of privacy. This way Facebook is able to keep its original customers as well as bringing in new ones.
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