To me the negative press cycle involving Facebook and other advertising companies is more about the hidden war between the new age digital advertisers, and the former rulers of ads: the conventional news outlets. The news outlets will jump on any chance they can get to kill their competitors just like any other company. Without Facebook, they could become the sole source of news again, and reap the lost ad revenue themselves.
That's why I don't trust anything I read in the news. If I don't hear it from a friend working at one of the SV companies (which isn't that hard to find, we're a much smaller community than one would imagine) then I consider it to be sensationalized, hyperbolic, and/or downright wrong.