4 ms·

Interesting. It seems like after the senate hearings, Facebook is trying to communicate to its users that sending them your data is a necessary part of using th

Interesting. It seems like after the senate hearings, Facebook is trying to communicate to its users that sending them your data is a necessary part of using their services.

blahfuk 8y ago
It's how they pay the bills, to be fair. I don't think that's much of a secret anymore but looks like they're making it more explicit.
- r00fus 8y ago
  You could make an argument that the malware that encrypted your /home folder is also "just a way to pay the bills". In many jurisdictions that's illegal. EU is saying FB's approach is also illegal unless they make some key changes. Personally, I hope FB just quits Europe.
  - dorgo 8y ago
    That's what I would do: quit Europe. FB is part of life of millions of people. They would cancel this GDPR thing in a day to save their FB experience. Or at least add an exception to GDPR for FB.
bonsai80 8y ago
Yup. Perhaps this will eventually be a screen for the user to choose: Button 1: Agree and proceed. Button 2: Set up credit card billing. Button 3: Close account.
- r00fus 8y ago
  I'd be very interested in Button2.
- thisacctforreal 8y ago
  The Average Revenue per User can be found in their earnings report (linked above by ihumanable): https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q1/Q1-2018-Earnings-Presentation-(1).pdf https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q1... For US & Canada this was $86.65 in the last 4 quarters. For Europe this was $34.95. Keep in mind they likely don't target ads using just one person's data: accuracy can be improved by looking at the data of similar people, and looking at the data of friends and family. It isn't as simple as offering a $10/month plan to keep your privacy, because they want everyone's data. "Your data is worthless, everyone's data is priceless."

4 ms·

Interesting. It seems like after the senate hearings, Facebook is trying to communicate to its users that sending them your data is a necessary part of using th

by willsinclair 8y ago

Interesting. It seems like after the senate hearings, Facebook is trying to communicate to its users that sending them your data is a necessary part of using their services.

blahfuk 8y ago
It's how they pay the bills, to be fair. I don't think that's much of a secret anymore but looks like they're making it more explicit.
- r00fus 8y ago
  You could make an argument that the malware that encrypted your /home folder is also "just a way to pay the bills". In many jurisdictions that's illegal. EU is saying FB's approach is also illegal unless they make some key changes. Personally, I hope FB just quits Europe.
  - dorgo 8y ago
    That's what I would do: quit Europe. FB is part of life of millions of people. They would cancel this GDPR thing in a day to save their FB experience. Or at least add an exception to GDPR for FB.
bonsai80 8y ago
Yup. Perhaps this will eventually be a screen for the user to choose: Button 1: Agree and proceed. Button 2: Set up credit card billing. Button 3: Close account.
- r00fus 8y ago
  I'd be very interested in Button2.
- thisacctforreal 8y ago
  The Average Revenue per User can be found in their earnings report (linked above by ihumanable): https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q1/Q1-2018-Earnings-Presentation-(1).pdf https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q1... For US & Canada this was $86.65 in the last 4 quarters. For Europe this was $34.95. Keep in mind they likely don't target ads using just one person's data: accuracy can be improved by looking at the data of similar people, and looking at the data of friends and family. It isn't as simple as offering a $10/month plan to keep your privacy, because they want everyone's data. "Your data is worthless, everyone's data is priceless."