Facebook in firestorm

Facebook is under fire because its data has been misused - but what are the consequences for its long term future ? In a bid to regain trust, the platform's founder Mark Zuckerberg has just announced that facebook will ban developers that misused personal data and tell affected users . This amid renewed calls for regulation on both sides of the Atlantic, and as its stock price continues a trend downward. Bloomberg tech journalist Sarah Frier has been reporting extensively on the story.