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Sure, you can choose to ignore everything all the companies listed here did, but the risk will still exist - and one could say that's reason enough not to take risks.
Google dropped their "don't be evil" motto for a reason: companies operate mainly on a profit incentive. And that is generally acceptable, as long as people make informed decisions about it. In some cases, though, there's not enough data available in a comprehensible manner for people to choose. Do you read every ToS and make sure you understand what you're agreeing to? I don't.
We're all free to choose in which lie we believe, but to say the only reason people refuse to register is paranoia when there seems to be more than a few other valid reasons sounds like an uncharitable reading of people's motivations. To me, at least.
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