Facebook users are either very naive or just not easily phased. They helped the social media giant set revenue records during the last quarter when it was plagued by data breaches and privacy concerns. Not only did the seemingly-embattled media behemoth report record earnings, but it also reported a significant increase in user growth. Facebook Stock Shrugs off Privacy Concerns Users were undeterred by the data breaches Facebook was forced to admit had occurred. Businesses who collectively spend billions of dollars advertising on the social media service were also undeterred as they continued to plow funds into buying ads on
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source https://www.ccn.com/facebook-stock-soars-despite-privacy-issues-why-wont-investors-take-their-heads-out-of-the-sand/
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