Facebook tries to explain why companies could erase your messages

[sl8]

From https://www.nbcnews.com/tech/social-media/facebook-tries-explain-why-companies-could-erase-your-messages-n950201
(Video at link)

Facebook tries to explain why companies could erase your messages
"In the past day, we've been accused of disclosing people's private messages to partners without their knowledge," Facebook said. "That's not true."

Dec. 20, 2018 / 1:30 AM EST
By Alex Johnson

Facebook Inc. took a second stab at convincing its 2.3 billion users that it didn't allow more than 150 other companies to misuse their personal data on Wednesday night after its valuation fell by more than $28 billion on the stock market.

"In the past day, we've been accused of disclosing people's private messages to partners without their knowledge," Ime Archibong, Facebook's vice president of product partnerships, said in a post on the company's blog. "That's not true — and we wanted to provide more facts about our messaging partnerships."

The blog post — the second since The New York Times reported Tuesday that Facebook for many years gave more than 150 companies extensive access to personal data — focused narrowly on the contention in the Times report that emerged as the most controversial: that Facebook gave four companies access to read, write and delete users' messages.

Facebook stock fell by more than 7 percent Wednesday in the wake of the Times article and a federal lawsuit that was separately filed against the company over its handling of users' data, wiping more than $28 billion off of its market cap valuation.

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More at link.

[phylny]

1. Link to the rest of the article? Thanks!

[donkeypoofed]

2. Zuckerberg calls his own users "dumb fuckers"....

....for giving him access to all their personal info, for free. FB also wants access to your banking info: credit card usages and payments as well as your balances. Still trust them?

[sl8]

3. Referenced New York Times investigation:

From https://www.nytimes.com/2018/12/18/technology/facebook-privacy.html?module=inline

As Facebook Raised a Privacy Wall, It Carved an Opening for Tech Giants
Internal documents show that the social network gave Microsoft, Amazon, Spotify and others far greater access to people’s data than it has disclosed.

By Gabriel J.X. Dance, Michael LaForgia and Nicholas Confessore
Dec. 18, 2018

For years, Facebook gave some of the world’s largest technology companies more intrusive access to users’ personal data than it has disclosed, effectively exempting those business partners from its usual privacy rules, according to internal records and interviews.

The special arrangements are detailed in hundreds of pages of Facebook documents obtained by The New York Times. The records, generated in 2017 by the company’s internal system for tracking partnerships, provide the most complete picture yet of the social network’s data-sharing practices. They also underscore how personal data has become the most prized commodity of the digital age, traded on a vast scale by some of the most powerful companies in Silicon Valley and beyond.

The exchange was intended to benefit everyone. Pushing for explosive growth, Facebook got more users, lifting its advertising revenue. Partner companies acquired features to make their products more attractive. Facebook users connected with friends across different devices and websites. But Facebook also assumed extraordinary power over the personal information of its 2.2 billion users — control it has wielded with little transparency or outside oversight.

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More at link.

[cbdo2007]

4. Facebook can use a new competitor...

anyone out there with a few million bucks want to start a new social network startup??

The problem with Facebook has always been that they wanted to go public and take over the planetand make billions of dollars...NOT just be an awesome place to catch up with friends and family.

If someone came along and just wanted to make a little bit of money but make something that is actually a great tool, they would start taking a lot of those customers from Facebook that are sick of it. I would be happy to drop Facebook but my parents/aunts/uncles/siblings/friends want to easily see pics and updates of their grandkids.

None of us wants to play facebook games or sell shit to each other, this is plenty of places to do that already, we just want to connect. That is the core of what Facebook doesn't understand.