Facebook Inc. is an American multinational, it is social
networking company. It has its presence worldwide.
Issues with Facebook- Are as following:
- It was revealed that Cambridge Analytica got access to data
from 87 million users profile that was later apologized by
Facebook.
- Facebook is facing security of data problem, people on
Facebook, complaint about misusing their personal information.
- From couple of years, It is facing ad load saturation in news
feed.
- People on Facebook are facing data sharing problem, So they do
not want to delete the account on FB but they are no more using for
security purpose.
- There is a big decline of Facebook users in Europe.
- Facebook's share went down due to these news and it lost much
of its market capitalization.
Conclusion- Facebook is rebuilding the trust in people, it has
to issue new privacy policies to its users in Europe and also made
some significant changes.