Facebook and Groupon losing ground with the government and investors.
The FTC has already reached agreements with Google and Twitter over privacy issues. Now they’re close to reaching a deal with Facebook.
Unfortunately, the privacy problems seem to run a little more deeply with Facebook. That might be why the New York Times article indicates part of the deal includes Facebook submitting to privacy audits for the next 20 years.
In a follow-up piece to last week’s anticipation of Groupon’s IPO, we take a look at what happened after day 1.
Although the IPO was a success for Groupon – and for the investment bankers who raked in $50 Million in fees – it has been somewhat tempered by losses starting on day 2.
And we wrap up the show with a look at how social media is impacting social media.
It begins with a look at how people are responding to the announcement that several retailers are intruding on our Thanksgiving by opening at midnight Thanksgiving Day. Then we look at a study published by Market Tools that shows most business owners are not listening to what we have to say through social media.
And that leads us back around to Facebook, and their persistent reluctance to listen to user dissatisfaction with their privacy policies.