‘Facebook’s Latest “You Are The Product” Message: We Will, We Will, Sell You’ – ‘ReadWrite’

Helena A. S. Popkin says, “Facebook’s latest iteration of its privacy policy is both the shortest and clearest so far about what it means to do with your personal information: Squeeze it for all the money it’s worth.

Your privacy settings won’t be changing, the social network explained Thursday in a blog post. But its rules for using your location and payment information (when that service is added) are getting an update to accommodate its expanding empire.

To augment—if not distract from—this reminder that it owns its users, Facebook simplified its privacy settings with color-coding and a “Privacy Basics” tutorial”.

Facebook’s Latest “You Are The Product” Message: We Will, We Will, Sell You

ReadWrite