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I despise Facebook

I don’t, but Tom Hodgkinson of the UK newspaper The Guardian does. 

Fascinating
article on Facebook’s ownership starring Peter Thiel, one of the
founders of PayPal, and statistics on usage which is approaching 60
million worldwide, mainly in the USA, Canada and UK.

Read it and start socialising in the real world as Tom summaries Facebook’s privacy policy:

  1. We will advertise at you
  2. You can’t delete anything
  3. Anyone can glance at your intimate confessions
  4. Our marketing profile of you will be unbeatable
  5. Opting out doesn’t mean opting out
  6. The CIA may look at the stuff when they feel like it

No wonder fraudsters and identity theives love Facebook.

About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. To learn more click here...

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