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This spring, Facebook committed to ending their third party merchant data integration with advertisers.[0] Now they are directly partnering with the banks to g

This spring, Facebook committed to ending their third party merchant data integration with advertisers.[0] Now they are directly partnering with the banks to gather this data and more, with the stated purpose of offering products based on this data. Why is it OK for Facebook to use this data to sell things directly, but not when they partner with external advertisers? Why should the public trust Facebook with this highly sensitive data? [0] https://www.washingtonpost.com/news/the-switch/wp/2018/03/29/facebook-longtime-friend-of-data-brokers-becomes-their-stiffest-competition/?utm_term=.885d732488d3 https://www.washingtonpost.com/news/the-switch/wp/2018/03/29...

FireBeyond 8y ago
> Why is it OK for Facebook to use this data to sell things directly, but not when they partner with external advertisers? Why should the public trust Facebook with this highly sensitive data? It's, in theory, vaguely better. When partnering, they have a contract with the external party, and not you. So there's nothing stopping their partners selling it to whomever. That being said, Facebook is already on 'thin ice' with me. But it doesn't seem to deter them too much, other than feel good ads about how Facebook loves us all.