This Big Tech Company Is the Most Trusted, According to New Survey According to data from Forbes and Statista, 51 percent of consumers do not trust Facebook to obey laws protecting personal information.

By PCMag Staff

This story originally appeared on PCMag

via PC Mag

In light of recent scandals, there's little surprise in learning that fewer Americans have faith in Facebook's willingness or ability to obey laws protecting personal information.

According to data from Forbes and Statista, Facebook was the only company for which the majority of consumers said they lacked trust. Meanwhile, Yahoo's new owner Verizon will need to improve consumers' trust as memories of its massive data leak may still be lingering.

Of the four large tech ecosystem vendors that actually sell products to consumers (Amazon, Apple, Google and Microsoft), Apple ranked last in terms of garnering consumers' trust, despite the company's insistence that it is committed to privacy.

In contrast, Google ranked second, despite having a business based on targeted advertising.

While Amazon has long been unafraid to advertise products to customers based on shared data, it garnered trust among most consumers. That may be related to the company's outstanding customer satisfaction ratings, or that consumers trust Amazon with their financial information for billing. Amazon's trust has proven an asset as it has moved forward with devices that listen for speech in the home, and the company will need to leverage a lot of consumer trust if initiatives such as Amazon Key are to be successful.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Thought Leaders

Cultural Fit Can Make or Break an M&A Deal

One of the most critical components for success -- cultural fit -- often falls by the wayside.

Side Hustle

This 30-Year-Old's $6,000-a-Month Side Hustle Started Making Money 'Immediately' — But He's Not Quitting His Day Job

Derrick Mathy works in orthopedic surgical device sales and is on a mission to bring people together in real life.

Business News

'Unprecedented in Our 53-Year History': Southwest Airlines Announces Its First Mass Layoffs Ever

The airline is eliminating 15% of its corporate workforce, including many in senior leadership positions.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

Elon Musk's xAI Claims Its New Grok 3 AI Is Better Than ChatGPT and DeepSeek: 'Seeing the Beginnings of Creativity'

xAI debuted the new AI on Monday, claiming it has 10 times the computational power of Grok 2.

Side Hustle

'I Was Called Crazy': This 27-Year-Old's Side Hustle Hit $30,000 a Month in Under a Year — Now It's Worth Millions

Changing regulations forced Angel Rodriguez's jet ski rental company to shut down, and the young entrepreneur had to figure out his next move — fast.