facebook is selling/exploiting it's users :(

@mavil85 (348)
Philippines
February 3, 2012 3:47am CST
i stumbled upon a yahoo article about how facebook sells its members' private information to advertisers. It really made me sad, they wouldn't be facebook without us! Facebook is going to "sell" users for $120 each which is so sad, they don't even give half to us, the members who they are benefiting from. They sell our info to advertisers that is why they are able to generate billions. $4.50 per members' information sold to advertisers. when you "like" "suggest" they are also gaining from it Facebook a creation of a genius for good purposes as he said, is now a social disease. everything about our accounts are sold to the highest bidder. I am so upset zuckerberg. I thought for once someone wanted to make something meaningful and not just because of the money, but he turned out to be someone who is blinded by money. thank you mylot for being not greedy and sharing with us what you have. I think I'll delete my facebook account.
2 people like this
10 responses
@SomeCowgirl (32191)
• United States
3 Feb 12
I read a page about facebook and how they gain from us, but nothing to do with selling our information. It had something to do with our location but that was it. I doubt very seriously that facebook sells our information, whatever source said that must be fibbing. If they were it would have happened a long time ago and we would have already found out.
@mavil85 (348)
• Philippines
3 Feb 12
hi there, i know it is hard to believe but.. it;s true.. i was in disbelief too.. i thought that's impossible.. when facebook goes public the employees will be billionaires .. read it yourself.. http://finance.yahoo.com/blogs/breakout/3-ways-facebook-ipo-exploit-users-172215377.html
@mavil85 (348)
• Philippines
3 Feb 12
facebook is going to "sell" us for 120 dollars per member :( so sad.
• Indonesia
3 Feb 12
wow it's that true? can you give the source link of the information! I think it great news! If this news true I will share this news on my blog!!
@mavil85 (348)
• Philippines
3 Feb 12
yes.. is that great news? that they are exploiting us? I think that is not great news my friend.
@Kalyni2011 (3496)
• India
5 Feb 12
Lol is that true? If so it is really dangerous, probably due to this our indian government is going to ban some such sites, facebook is getting so popular here, even mobile phones have it inbuilt.. Best of luck. Happy posting, cheers. Kalyani '
@mavil85 (348)
• Philippines
6 Feb 12
well i see it as... abuse, they are trying to profit by selling us which isn't right in anyway we see it. really? the inidan government is going to ban some sites? maybe it's for everyone and it is for the benefit of the people. sometimes we really need to control things in order to have peace and equality
• Philippines
4 Feb 12
That is sad but the internet is one big open world. Anything can happen so everyone is responsible for whatever we put in here. I don't really like faceboook to begin with. I have an account but I am not active. I just open it when I have nothing better to do in the net. There are sites that pay us, so it is better to be active in them than in facebook. I might not close my facebook account just yet, but I don't really give importance to it
• Canada
4 Feb 12
Oh my God! Is this true? I hope they won't do that! I need my privacy also.
@mavil85 (348)
• Philippines
6 Feb 12
well, they will do it unless we try to stop it. i read it in a yahoo article, if i read it somewhere else maybe i wouldn't believe so quickly but i read it in yahoo. everyone needs their privacy and i hope no one sells our information
• Australia
4 Feb 12
I think it's fair enough. Sure, they wouldn't be facebook without us, but without them, we wouldn't be able to network with our friends the way we are now so used to doing. It's fair that they get something back, rather than just provide a service that would cost them a lot, and we still don't have to pay anything. That's not the way the world works unfortunately. But I think they should let us know rather than being so secretive.
@mavil85 (348)
• Philippines
5 Feb 12
hello there. maybe it's fair. zuckerberg and his vp gets billions of dollars in exchange for selling the members information, maybe to some that is fair :) I have my right to privacy, I will uphold that. :)
@andy77e (5156)
• United States
3 Feb 12
Everyone has to eat. Everyone has to make money. Zuckerberg and Facebook are no different. Facebook has over 3000 employees. Professional artists, designers, coders, programmers, and so on. Further, it also has dozens of the newest, fastest, highest quality computers running on dozens of high speed network connections, in order to make all those facebook games, and pictures, and videos, all run perfectly, and quickly. Facebook has instant chat with people. Has large photo albums that allow you to post almost an infinite amount of pictures. Has dozens, if not hundreds of games you can play. When you compare all of the completely free services you get from Facebook, to the 3ยข a post you get from mylot, it's not very comparable. You get far more from Facebook for free. Remember, Facebook has enough computer power for over 830 Million users. Mylot isn't even close to that. Yes Facebook is making more money, but you are certainly getting a lot more from them, then you are from mylot.
@digidogo (444)
• Philippines
3 Feb 12
Really? Do you believe that stuff? Though it is better safe than never. You have a choice to delete your account. By the way, could you give the link for that article you read so I could read it myself? I cannot believe you had specific numbers. I still believe in the integrity of facebook and it does have its advantages on communication. We make our choices and have our opinions.
@mavil85 (348)
• Philippines
5 Feb 12
To answer that question. yes, i think i believe that stuff because those are legal documents. yes i know and i am. and I know to see is to believe so go ahead read it yourself. http://finance.yahoo.com/blogs/breakout/3-ways-facebook-ipo-exploit-users-172215377.html I know everyone loves facebook, that is why it is unbelievable that they are selling us.
@stringer321 (5643)
• Kiryat Ata, Israel
22 Feb 12
Don't you wish sometimes that no one had anything to hide ?...I mean , everyone was normal with behavior and hobbies and all... Well , I don't think they actually break into our accounts with our username and password ...Or do they ? Actually , I had a warning from facebook that said someone near mexico tried to log into my facebook account. I hope it has nothing to do with facebook management. Now , my password is totally random and strong (as their definition). About facebook earning money with selling our information , I guess it has to be investigated because it can involve privacy breaking laws.
@Court33 (34)
• United States
3 Feb 12
Oh wow that's Crazy!! I haven't heard this anywhere else! Is this really true?? I LOVE Facebook!
@mavil85 (348)
• Philippines
6 Feb 12
i love facebook too, i was just upset about the information selling. they are already earning money while not selling our information, but selling our information would give them billions of revenue, so that's why they are doing it :(