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From October Advanced Trading:
Financial Services Firms Ban Facebook
A growing number of companies in all industries are blocking their employees from using the popular social networking Web site Facebook based on fears of procrastination and security concerns...
Fifty percent of companies ban their employees from accessing Facebook...
Many are also afraid that their employees are sharing too much information on the site, which could in turn load to targeted phishing attacks...
IMO, Facebook sold-out their users. Next thing for sale, IMO, is Facebook - at a big discount to somebody with deep pockets who can afford the inevitable lawsuits to come.
They need all the buzz they can generate prior to the sale.
But they've turned their back on their core user group in order to attract a broader one. They violated the trust of their users - by significantly weakening the privacy and security of their site - which was a key feature for their users.
I think lawsuits will inevitably result. Do I think that will break Facebook?
No - but I think it's likely that losing sight of what was unique about the site could.