The crowded building’s not on fire. After an exhaustive investigation of the top 100 Facebook apps, the Wall Street Journal didn’t find any serious privacy violations, but the writers were on assignment so they wrote the “Selling You On Facebook” hit piece anyways.
Reality has never stopped the WSJ and other media outlets from yelling about the “dangers” of online privacy. While the sensationalism sure drives page views and ad revenue, it also impedes innovation and harms the business of honest software developers. It makes mainstream users so worried about the worst-case scenario of what could happen to their data, they don’t see the value they get in exchange for it.