Yes it does, they won't connect your profiles and target ads based on your info. The paragraph you quoted reads like a standard provision to allow using Faceboo

Yes it does, they won't connect your profiles and target ads based on your info. The paragraph you quoted reads like a standard provision to allow using Facebook's CDN/Datacentres and to integrate some of their teams (abuse/spam). Of course there's no guarantee that they won't violate the terms and still use it for ad targeting. But that's no different than before..