Facebook is going to sell your information

Like we did not know this was going to happen eventually,afterall what is really free in America?

Facebook is going to sell your information?

Wake up! They are selling your info already! That is the way they all started. They started as an ad clean and no so pretentious social network to milk you in and then boom! I personally find many of their ads and games distasteful. The true economic fact it is that everyone must figure out a way to make money to pay the expenses. That is the final reality of the System.

thank god i dont have facebook!!

ARE YOU SERIOUS??! Something posted a month ago with 80 views is still #50 something? Seems to me Current has been hijacked by TPTB and now is in steep decline. I mean, there have got to be more important things going on in the world. Right?! RIGHT??!!

Thats why I watched a lot of porn on the net so the goverment will get hook up on it......hahahahahahahahahahahaha keep on watching what I see on the net and I will drive you crazy.

no problem... so long as they send me a check for they information they get from me... why can't I make a buck on this too?

Here's the answer. Stop being a statistic. Separate your identity from others so that you no longer fit into a particular role....

Find your own identity and throw the entire scheme off...

haha, I'm even happier about not being part of the facebook/myspace junk.

HAHAHAH!

Whatever! All my profile information is fake anyways!

I saw that coming when I READ THE PRIVACY AGREEMENT.

fine by me, maybe they will figure out that they need to take Vegans into more consideration and make cloth purses without leather, and take CASEIN out of their mostly vegetarian products. I don't buy anything that has animal products in it. EVER.

fine by me, maybe they will figure out that they need to take Vegans into more consideration and make cloth purses without leather, and take CASEIN out of their mostly vegetarian products. I don't buy anything that has animal products in it. EVER.

old news, doesnt microsoft own part of facebook?

ever stop to notice the ads on the right when you are on facebook are targeted towards your browsing habits and the text you input?

like i said. old news. if you don't want your information on the internet don't put it on the internet. plain and simple.

Hmm... I've heard around Digg that the source of this article, (telegraph.uk), isn't known for their credibility. Then again, I certainly wouldn't be surprised. I'm sure there's lots of ways MySpace and Facebook use our information that we don't know about.

This makes me want to actually read their Privacy Policies.

not surprised, just bummed!!!

I hate facebook. I canceled my account a long time ago.

Going to sell information?

No shit, sherlock!

What did you think was going to happen to a kick ass data base like that?

duh! who didn't expect this? what do people expect? don't sign up for an account if you can't handle the truth!

www.changeforbalance.com

HEY!!! lets be fair.. They are not going to sell your personal data. They are going targeting so that your demographic might see an ad, but that does not mean they are selling your name, age, and info, that is illegal. They are going to offer what is called CPA marketing offers in the form of Surveys. If you are dumb enough to participate and give up you info, they you are the dumb ass. so don't do it.. its that simple. Chill out, I am on your side.

M

Umm has anyone here read the book "The Numerati?" If not, then you should. This could benefit us or it could be another little part of our privacy slipping away. Take your pick.

wait... it's my info... why aren't I making any money on this?

Dude, Seriously The People On This Planet Are Losing Their Fucking Minds!

Um, and how would that make it different from TV?

Or any of the thousands of sites we already share our information with?

Seriously, unless they plan on selling the info to identity thieves, if we get a good product, what does it matter?

Sell my information? What is anyone gonna pay for

"I like dancing"

Geez, I'm not sure who the real fool is here. Facebook, who is gonna get a truck load of hate mail after users find out, the people who are buying information, who are pretty much taking wads of money and burning them, because really, no one clicks or does anything about ads, or the user, for not seeing this coming like a train blowing its horn two feet away from you.

I'm sure Facebook needs more money.

Ironically enough, I just shared this on facebook.

Yes! It is about time someone started marketing to me based on my facebook profile!

Note: Please turn-on your sarcasm detector now.

Yet another reason why I refuse to use things like Facebook...

I still have a Myspace to keep in touch with some friends but thats a choice I made with great reluctance...

Time to delete your facebook XD

As if Facebook wasn't annoying enough! Now I can add this to countless invites to see "Which Twilight character" I am...

No They Are Not.

Facebook isn't selling your data to companies to have and dissect. It's selling the opportunity for companies to do targeted polls (that you most likely won't even have to answer if you don't want to) to allow for more specific market feedback and research.

Which is exactly why I made it a point to not put in my personal information.

This is what "social networking" has been about all along.

If you don't want that information used, DON'T SHARE IT WITH THE PUBLIC.

That's a fairly basic thing to understand. Putting something on facebook and then whining about is misuse is like complaining about the same thing when you put it on a billboard.

....well as long as it ain't local law enforcement...or the government...you can't sell something to a man with no money or intrest

Glad I don't have one.

I thought that they were already doing that. I think if anyone gets repercussions for posting inappropriate material on their page, it is their own fault. If you put something in the internet, it is public information whether you like it or not.

Whores. lol

I ignore ads anyway, because it is obvious they are trying to sell you something. If you needed it, wouldn't you actively seek it in the first place?

...which is precisely why I never signed up for a Facebook account...

One of the creepier aspects of the site would be its recently developed program called Lexicon. It's basically a way to read trends among its users and what sort of thing they are talking about based upon what's written on wall postings. That means that conversations between friends or about whatever one chooses to either post or write on your own or others' walls will be analyzed and used to provide information for companies seeking a window in the minds of their biggest consumer base - teenagers and college kids. This sort of program has seriously ludicrous potential for facebook.

it was only a matter of time.

you already see ads that target you specifically based on what you put as your interests.

we've uploaded our entire lives on the web.

you give people a blank, they will fill it in.

i have two things to say about this
1- it's horrifying
2- it's about time

as a marketing major, it is so so so frustrating to me watching traditional advertising fail repeatedly while no one initiates a better system...

yes it's scary that marketers will know more about you-- but aren't you the least bit happy to know that you, a 23 year old college girl, doesnt have to see another ad for viagra?

marketing is becoming more of a facilitator connecting consumers with products, instead of advertising which just shuvs messages down your throat whether or not you care about them.

i say.. awesome.

ya... good for facebook showing us what it really is... good on you... now about that CIA connection stuff?

i don't use facebook, myspace, or any of those sites... and people wonder why!

It's wrong for them to sell your info, but it really isn't a big deal, as long as you don't have your phone number on your facebook. I can deal with deleting internet messages, but getting up to answer the phone is quite annoying...

Sarcasticly and hypothetically speaking of course. But i do think your information shouldn't be shown outside your networks circle "Friends" Unless those who want to see the information have a warrent.

Doesn't the Fourth Amendment protect our privacy? Internet included? I dont want to go all "Jerry Fletcher" But if its ok to sell our information to big corporations, i would guess, that because the rules dont apply to one man or company... Whats stopping the Government from securing our information for their benifits. Will they be branding us next! Gay...SsSsS. Pot smoker...SsSsS Obese, Medical condition, Morman, Jewish, Internet hermit SSSsSsSsss

I'm in the digital advertising biz and so I'm close to this subject.
If you're on a site that accepts advertising and you logged in to view content, it's pretty likely that the site is using your data to help advertisers find out about you... to SOME extent. The marketers don't know they're talking to you Jane who lives at xx address, but they do know that you fall into select categories if your ENTERED certain info about you... i.e. - you fall in their demographic, i.e. - M18-34. There are other ways that marketers find out about what you like online, but in large part it's the demo thing for now. It is likely they're not marketing to YOU specifically as much as they are marketing to people with similar interests.
However, don't take it for granted... continue to look at sites/marketers and ask if they're using your information wisely.

While I agree that our personal information should not be up for sale for someone's profit ...if you have a web presence anywhere on the internet (whether you know it or not) your personal information in in jeopardy.

Just take a look at your SPAM inbox.

Sad, but a harsh reality.

Yeah I really don't see the problem with it, if you want to use their software that is FREE by the way then you'll have to put up with a few ads tossed at you. For goodness sake out of all the social networks and websites Facebook does the best job by far with their ads. The ads are off to the side and small plus they actually are usually for something that I'm interested in.

So basically if you don't like it then don't use the software... period!

~ Mind Control

Faceless book. Its a new social network that's more anonymous. Tell us a little about yourself...very little. Mostly for participants in the witness relocation program that have felt kinda left out of the cyber social scene.

I want my cut if their selling my stuff!!!!!

Two statements I have problems with:

"The company, which has struggled to make money from advertising,"

-This is completely false. It's exactly how they make they're money. And is anyone on facebook? The amount of ads are a bit crazy.

"Experts at Deloitte said Facebook is suffering from the double-whammy of collapsing advertising revenue and the soaring cost of electronic data storage. "

-I don't care how awful the economy is. Any advertiser, no matter how strapped for cash they are would kill to be on a site that has 150 million members. It's a wet dream. If they can't make they're ads catchy enough for people to click on, or to over rule the thought of "i know better" then that's they're own problem.

-And come on, the soaring cost of electronic data storage? If anything that's getting cheaper. And it's not soaring. And Facebook has more then enough money to take care of itself.

-I'm curious to know who they're experts are.

So all in all I would say that this paper is a lot of BS. I don't doubt that Facebook is trying to come up with new ways to make money. But it won't be by selling our information.

Some of the comments here mark of people with heads full of cotton. Your personal information should never be sold without your express permission. It's an incredible violation of your privacy.

i always felt like myspace and facebook were just open source demographic databases as it is.

I'm kind of excited about this: ads for goods, services and information that I will more likely care about.

Who cares? It might even be good!

Hi Sr. we noticed you traveled to Egypt and Morocco. We offer a similar destination for you in our Last Minute tickets?

fuck Yeah!

Be very careful about posting anything on social networking sites. A good rule of thumb would be to ask yourself if you would want your family or employer to see it.

fine with me. commercialism doesnt really work on me anyway.

What facebook account?!? HAHA!

yikes