User backlash against Facebook s ever-evolving but always overreaching data privacy plans is almost as old as the site itself. With an IPO looming, Facebook is under more pressure than ever to generate outsized revenue from its massive, 800 million strong user base. Valuations for the 800 million person social network range as high as $100 billion in private markets. Queue the new revenue opportunities and the user backlash against privacy invasions to the site’s user backlash. In fact, tensions over Facebook’s increasingly creepy designs on user data have already flared.
Source: https://threatpost.com/facebook-jumps-the-shark-with-ipo-privacy-backlash/91897/