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Facebook earn money by giving up your info to marketing companies  email this discussion to a friend?

myLot reputation of 94/100. kingparker (6392)   ranked 90 out of 4,051 in facebook.com 2 years ago

I guess majority of us have an account with facebook, but what I found from the recent news really shocked me. The fact is that facebook made money by selling our registered info to the marketing companies, so they can target us on advertising or all sort of things. It is based on the wall street journal investigations. Although you don't have to sign up with your real information on those social network, such as your address, where you actually live, or your real name etc...... They are breaking the privacy rule specified in their Terms. So, what is your opinion toward facebook with such action?

 

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tags:  facebook, angry, data, facebook shares registerd user info, free
 
1. myLot reputation of 93/100. rosie230 (1235)   ranked 73 out of 4,051 in facebook.com   2 years ago

It does seem out of order really doesn't it... It is actually quite shocking to know... I don't think that our info should be distributed like that, especially when someone is making money out of us... Really something should be done about it... but I bet it wont

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2. myLot reputation of 73/100. Jaluke (631)   2 years ago

This is fact and I'm actually mad at facebook for it. The way they're getting through with the "breaking the privacy rule" is that once they started doing this, they added a section in your privacy settings to turn it off...but they did it by automatically setting it to on and not really telling any of the users that it was being added to let them know they need to turn it off if they didn't want it. I'm quite mad about it.

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3. myLot reputation of 97/100. warmweatherwoman (1385)   ranked 170 out of 4,051 in facebook.com   2 years ago

I'm not surprised at all. Facebook with all it's changes has become more and more of a privacy risk. I wonder if this has to do with the recent posts by my friends now stating to again change privacy settings on facebook due to facebook allowing other sites to use our information as well.

I'm pretty sure they are banking big bucks with all the registered user information they collect! Although its probably great for marketing...I don't appreciate being tricked into being solicited to buy things I don't want or need!

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4. myLot reputation of 86/100. owlwings (12406)   ranked 28 out of 4,051 in facebook.com   2 years ago

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myLot reputation of 94/100. kingparker (6392)   ranked 90 out of 4,051 in facebook.com  2 years ago

Maybe I am wrong, but it might be a truth, if you try to dig around and see it for yourself. I am saying my info is all solid, I base this discussion from the Wall street journal investigations.


myLot reputation of 94/100. kingparker (6392)   ranked 90 out of 4,051 in facebook.com  2 years ago

Hey Mister, did you read the news this morning. Facebook CEO apologize publicly about the privacy they promised to its member. How is that information inaccurate for you, Huh?


myLot reputation of 86/100. owlwings (12406)   ranked 28 out of 4,051 in facebook.com  2 years ago

They also categorically stated that they do not and never have SOLD information to third parties. The privacy issue for which they apologised was that the interface had become far too complicated and that, in many of the changes, the default had been to allow information to be shared, leaving some people with less privacy than they had expected.

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5. avilovesnature (92)   2 years ago

Is it true aur just your interpretation as u are charging a company having a value of 15 billion.

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6. myLot reputation of 98/100. AjaySinghBaghel (2133)   ranked 94 out of 4,051 in facebook.com   2 years ago

This is bad, they are making money out of our personal details. There has to be some way to stop them doing so. I think if this is authentic and we get some proof, we can take them to the court.

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7. myLot reputation of 72/100. jamed28 (1367)   ranked 169 out of 4,051 in facebook.com   2 years ago

Actually not only facebook. Try reading the terms and condition of facebook, It says that they have the right, as the third party, for the information that we give them. Try also for example yahoo and google. Have you ever wondered those spam messages that you are receiving? That is because they are selling your information. Why are they doing this? Well it is their why of earning. Why on earth would those sites offer us free email account? Free social networking? Nothing is free in this world.

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8. myLot reputation of 91/100. kukueye (1193)   ranked 1,110 out of 4,051 in facebook.com   2 years ago

ya,all kind of free stuffs in internet including email , facebook , twitter , google , myspace and others will surely use their huge visitors traffic for their gain and profits directly or indirectly. The huge information they gather are use for data mining for target advertisiment , even your cookies in your pC they can access to see your browsing habits and such.There is nothing strange they are doing this because they need to made profits too. As internet user we must reliaze not to give our private information, once things get online , it is no more private.

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9. myLot reputation of 92/100. blue65packer (6173)   ranked 64 out of 4,051 in facebook.com   2 years ago

I was anry and shocked when I heard this! Nothing is private anymore! Everyone is out to screw everyone else! I thought FAcebook was better then Myspace! Not! They did the same thing! I will stay on Facebook but Facebook better clean ita act up! Is there any social site that won't sell our privacy?

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10. JuniX25 (57)   2 years ago

I think this is just a scam. Don't be fool to give your info, they will use it to scam other users.

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Free data Viewer (Best)
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