Awful to see our personal privacy and social lives being ransomed like this. €10 seems like a price gouge for a social media site, and I’m even seeing a price tag of 150SEK (~€15) In Sweden.
Awful to see our personal privacy and social lives being ransomed like this. €10 seems like a price gouge for a social media site, and I’m even seeing a price tag of 150SEK (~€15) In Sweden.
This is a classic. Make the price high enough that nobody wants to pay it, but low enough that law enforcement doesn’t complain. Everybody will click on the „I’m Ok with tracking“ button.
And for those who pay, they will still probably sell their data to advertisers and hike the prices in 2-3 years.
They don’t sell the data. It is used by Facebook to identify you and your interests and advertisers then pay Facebook to use this information to target their desired audiences with relevant ads. The data stays with Facebook. It’s misleading to to say that they’re selling your data because that’s not exactly what’s happening. Advertiser has no use for the user data itself. Advertising platforms do.
erm…Cambridge Analytica?
They didn’t sell that data either
They don’t sell the data, they sell access to the data and some other things they calculated from it. That’s just semantics at this point.