10 Disastrous PR Moves by Companies
Facebook vs. Google
It does seem Facebook suffers a disproportionate share of scorn regarding this topic than the bigger potential threat to personal privacy that is Google (GOOG).
Still, Facebook crossed a line when PR firm Burson-Marsteller was tasked with trying to spread privacy-related vitriol about Google and plant news stories and blogs that prodded writers to make the case for them, even offering to help write these pieces. The targets ranged from influential blogs to USA Today.In one of the emails leaked by an unwilling blogger, Google is described as having "a well-known history of infringing on the privacy rights of America's Internet users." PR firms always try to influence stories -- it's what they are paid for. What made these efforts such a failure is that the firm refused to reveal it was working for Facebook. Here's the other miscalculation: The public often has a finely tuned hypocrisy detector. A suitable defense for Facebook when its lackadaisical approach to user privacy is denounced really needed to be more than "They started it!"
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV