According to Web 2.0 master John Battelle (link:
http://battellemedia.com/archives/004056.php) says, is a "very real" problem for Facebook, because one of the main reasons for the company's success is its ability to handle personal data in a
respectful manner. Millions trust Facebook, but letting its employees eavesdrop is hardly respecting user privacy. This is particularly bad news on the eve of the social network's new advertising
announcement, because "Social Ads" will depend heavily on all that wonderful user data.
Facebook can't afford to have the privacy issue when it's got a $15 billion valuation and is searching for justification.