Its a good news for Facebook users who are really doubtful about the privacy protection that Facebook has arranged for them. Facebook's latest statement has drew a clear view on these doubts and said that Facebook will highly engage on Privacy Protecting features. It was related to the problem that employers, colleges and government agencies were requiring students and potential employees to divulge their social network credentials.
Facebook said that it believes the practice (of handing over login details to employers) “undermines the privacy expectations and the security of both the user and the user’s friends,” suggesting that it could result in “unanticipated legal liability” for the parties that request it.
The company needs to keep user's privacy much stronger and don't let them to share their private credentials to anyone. And the company also have warned employees from asking user credentials including passwords. Facebook has issued another statement on the matter, this time pointing out that it would seek to engage with policy makers and stakeholders first, before making plans to initiate legal action:
We don’t think employers should be asking prospective employees to provide their passwords because we don’t think it’s right the thing to do. While we do not have any immediate plans to take legal action against any specific employers, we look forward to engaging with policy makers and other stakeholders, to help better safeguard the privacy of our users.