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It looks as if Facebook ( Nasdaq: FB ) investors aren't the only ones whose votes fall on deaf ears. You've probably heard by now that Mark Zuckerberg rules the socialnetworker with an iron fist thanks to his supervoting Class Bshares. With them, he wields nearly 56% of all voting power, andcombined the holders of Class B shares control roughly 96% of allvoting power. They're not alone, as Facebookers themselves don't get much say,either, even though Facebook has a policy where major changes areput up to a vote among Facebook users. The company recentlyintroduced some major changes to its Statement of Rights andResponsibilities, or SRR, and its data use policy, allowing usersto vote for or against them. The changes include everything from how Facebook uses your personal data totarget ads and sponsored stories at you to what happens to yourinformation if you delete and deactivate your account. If enough users voted against the changes, they wouldn't beimplemented. However, there was a minimum requirement that at least30% of all active registered users participate for the results tobe binding. Considering Facebook's 901 million monthly activeusers, or MAUs, worldwide, that comes out to about 270 millionvotes required for it to stick; otherwise the results simply become"advisory." Well, the results are in, and an overwhelming majority of voterspreferred the status quo -- 87%, to be precise. The remaining 13%approved the new amended policy. The bad news? Fewer than 350,000people cared enough to vote at all, or 0.038% of the total MAUbase. That's about 29.962% short of the 30% bar that needed to becleared. Facebook can't honestly expect 30% participation in a vote that'sloaded to the brim with legalese. The whole vote is clearly anelaborate way to save face and imbue users with a false sense ofempowerment, as if they can influence the outcome. Google ( Nasdaq: GOOG ) has gotten its fair share of privacy-policy gripes , but at least it doesn't delude you into thinking you can doanything about it. Facebook users may as well join investors in the gloomy corner ofhelplessness when it comes to influencing the social juggernaut'sways. Forget Facebook: There's another social-media play that's much more promising . It boasts a reliable business model and is set to disrupt abooming industry with juicy profits with its social approach. Grabyourself a copy of this free report to read more. We are high quality suppliers, our products such as Customized Sportswear Manufacturer , Womens Fitness Wear for oversee buyer. To know more, please visits Sublimated Basketball Uniforms.
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