Social Media

Facebook is now the least trusted tech company, new research

Unearthed data breaches and privacy-related concerns push Facebook to the top of the list of least trusted tech companies.

According to new research, Facebook has lost a lot of ground when it comes to keeping its users’ trust. The new study brought forward courtesy of PCMag unveils that Facebook has now become the least trusted tech company to exist in the world. The survey was being done by Toluna, a famous data-analytics/survey company, which interviewed more than a thousand individuals in the past month. The findings of the report showed that, of the total participants, as much as 40% of the users stated that they didn’t trust Facebook.

This percentage raked very high among the other companies. The second company to be included on the list was Twitter which shared its place with Amazon, with only 8% of users mentioning that they didn’t trust these tech companies.

Facebook has seen a lot of criticism in the past couple of years as more and more data breaches were brought to light. In a most recent such report, Facebook had allegedly ignored its privacy safeguards to give different companies special access to the user’s data. The New York Times mentioned that the privileges even included reading the user’s messages for some of the companies like Spotify and Netflix.

The series of data breaches started with Cambridge Analytica scandal, with which it was brought forward that Facebook had given access of about 80 million of its users to a third-party data analytics company.

News — Toluna, Recode via PCMag

Sponsored
Muneeb Ahmad

I love to talk about global tech-happenings, startups, industry, education and economy. Get in touch: muneeb@techjuice.pk.

Share
Published by
Muneeb Ahmad

Recent Posts

SECP Exposes Illegal Trading Platform “Interactive Brokers Group (IBKR)”

The Securities and Exchange Commission of Pakistan (SECP) has issued a warning about an illegal…

38 mins ago

Punjab Schools Remain Closed for Another Week Due to Severe Smog

LAHORE: The Punjab government has announced an extension of school closures throughout the province, except…

4 hours ago

2,500 Employees Laid Off by Microsoft After $69 Billion Activision Blizzard Purchase

Microsoft has laid off approximately 2,500 employees, sparking criticism in the wake of its $69…

5 hours ago

Illegal SIM Card Trade Exposed in PTA and FIA Raids Across Islamabad and KPK

The Pakistan Telecommunication Authority (PTA), in collaboration with the Federal Investigation Agency (FIA) Cyber Crime…

5 hours ago

Unemployment Rate in Pakistan Reaches 6.3%

ISLAMABAD: The Secretary of Pakistan's Ministry of Overseas Pakistanis and Human Resource Development has revealed…

6 hours ago

Bank Alfalah Gains Approval to End Operations in Bangladesh

Bangladesh Bank and State Bank of Pakistan have both given Bank Alfalah Limited (PSX: BAFL)…

7 hours ago