Facebook under fire for selling your privacy, AGAIN.

The evil geniuses at Facebook are at it again.(link)

Seems every month they discover new ways to piss off their user-base, but I honestly believe that 99% of that user-base is unaware of what’s going on.

Yes, it’s long been known: Facebook makes money off of you.

But a report in the Wall Street Journal has raised new privacy concerns, suggesting the social network is going even farther to provide users’ personal information to its advertisers. According to the newspaper report, Facebook is “selling access to its users” by allowing advertisers to target ads based on users’ email addresses and phone numbers.

Belgian mind reader and his secrets

Worth a look for you non-believers out there.

 

… although I am referring to “non-believers” that your online presence isn’t noted. It may be an advert, but it’s a good reminder.

Facebook is watching YOUR every online move.

(artilcle courtesy of Samantha Felix at Business Insider).

This Is How Facebook Is Tracking Your Internet Activity

And here we go again… FACEBOOKcontinues it’s assault on your privacy.

In testing out the new Abine DNT+ tool, we noticed that Facebook has more than 200 “trackers” watching our internet activity.

Abine defines trackers as “a request that a webpage tries to make your browser perform that will share information intended to record, profile, or share your online activity.” The trackers come in the shape of cookies, Javascript, 1-pixel beacons, and Iframes.

Critics call this spying. Advertisers call it targeting. As a user and consumer, what do you call it?

FB and my lone view of the social media giant

Recently I’ve re-posted several articles about Facebook and their recent efforts to impress both users and investors. Rather than persist with quietly headkicking Zuckerberg’s juggernaut, I thought I should explain myself. My personal opinion is that they are what’s wrong with the world – they suck.

I was one of the multitude who got caught up in the frenzy of the mid-2000’s and just had to get my own FB page and then expose myself to the world. We all did it: post photos, tag photos, make funny (and sometimes incriminating comments) about our status, tell everyone what we “like” and prop ourselves up for the world to judge us based on a selection on moments from our past.

What we’ve really done is to make ourselves look like a stupid, vain and egotistical race of slaves who have sold our privacy to the lowest bidder in an effort to make ourselves look better than all our friends.

FB has made us unusually competitve: how many friends you have, how many groups you belong to, how many games you currently play, how many “cool” photos you have of yourself. I doubt it was ever FB’s intent for users to see their product in this way, but surely they must have realised what this little snowball was doing to the mindset of their users as it tumbled down the mountain.

Maybe I’m a special case, but i’ve been drawn into strange conversations by my FB friends who have begun with “you’ve only got 100 friends; are you antisocial or something?” For someone like me this is a non-event and I can happily report that my list of FB friends was reduced by exactly the same number of idiots who posed that question. That was when i started questioning the whole FB psychology of their product.

In the spirit of adolescent competition, so many females on FB seem to think they need to post the sluttiest picture of themselves they can find. I know the amateur porn movie industry is thriving right now, but i had no idea so many of my friends were involved. In contrast, the males prefer to post profile snaps that make them look like “gangstas” or CK models. One of my friends even has a profile pic of him in a boxing pose with his girlfriend hanging off him dressed only in her underwear.

A prime example of the “Me Me Me” generation trying to copy the rich and famous and failing miserably (but giving me a laugh in the process, so that’s ok).

My biggest grievance is that they can’t get their privacy rules right, and when they change an aspect that my affect a user’s rights, they don’t announce it until it’s done. Everything about your FB page is up for sale by FB to the public and the recent email scandal proved this.

FB being used by corporates to advertise is a joke. As I’m sure you’re already aware, when you click on “like” for a product or service (for example Coke), apparently that is a revenue generator for FB. So FB are making money from your tastes, and from everytime you tell your friends that you like something. I understand that this may not bother too many of you, which is fine – each to their own. For me, I have a problem with this. Facebook advertising doesn’t work because they focus on showing you ads based on who you are, not what problem you are trying to solve. Did you know that a 1% click-through rate in online advertising is “great”?

(Speaking of poor targeted advertising – found this, but not sure if it’s reliable)

And finally, i just don’t like Mark Zuckerberg. I find nothing about him redeeming in any way. He appears to be a lonely young man who presides over a tool that allows him to have 900 million friends, and according to the privacy clauses contained within FB he owns your pictures. I’m sure he won’t be checking up on you and scrutinising your holiday snaps from 2009, but he can sell them to anyone he wants.

According to a recent poll by AP and CNBC held in May 2012, 46% of Americans think that Facebook will fade away as soon as new thing come up. Poll was held by Associated Press and CNBC on 1,004 people all over America on telephone.

(source: sickfacebook.com)

Not to be counted as a hypocrite, i admit I still have an FB account. There are no photos, no list of my friends for others to see, no timeline, no status updates and no personal information that could be used by unsolicited people against me. I’ve read through the privacy laws and modified my account to be as secure as possible against any misuse by FB. But it’s still not enough and i need to take another step and delete my account completely. So before you drop your comments at my lack of conviction, remember that I’m using FB my way and not necessarily their way.

I predict the millions of users on FB will continue to invest time and effort on their FB pages, and spend money on the games that keep them logged into FB. But I also predict that FB will fall from grace in the next 12-24 months as the growing user-base scream for the next big thing.

Looking forward to that.

Guess what? FB are at it again!

Facebook once again making changes to users profiles without permission and without notification.

All Facebook users have a @facebook.com email address, whether they use them or not – and now, Facebook has automatically posted those addresses to users’ profiles without prior warning.

A timely article on CNN Money by Julianne Pepitone revealing that the brains-trust of FB have again upset users by making public their “facebook email address”. Didn’t know you had one? Well, you do. You all do. But as one clever comments suggests, if you’re going to get FB Spam emails, you’d prefer them to be delivered to an FB email account that you knew nothing about.

But then if you use your FB email address, then get ready for more of those “amazing viagra” offers, and of course, those once in a life time opportunities to help widows of Nigerian royalty launder their billions of dollars.

Typical FB: mess it up then apologise. In this day and age, an apology is the same as “f**k you from FB”.

(credit to the anonymous photographer)

Sean Parker “bored” with social media?

Sean Parker Says He’s `Bored’ By Facebook

June 6 (Bloomberg) — Sean Parker, an early investor in Facebook Inc., said he’s bored by the social network. That’s partly why he introduced a new service today that allows users to chat by video and share files with friends and strangers. (Source: Bloomberg)

Sean Parker bored with FB and launching the “next big thing”. Keep searching, Napsterboy….


Facebook slips on 2nd day of trading – some thoughts.

Valuewalk article on FB Inc

Yes, it is still early days for the newest addition to NASDAQ, but the signs are not good. Whether it’s fair or not, there’s a lot of financial commentators who have fallen out of love with the “darling of social media”, and the “all American dream” – Facebook.

In my humble opinion (and what do I know, because I’m just the Philthy man on the street), FB is drastically over-valued, with way too many tourists and passengers amongst it’s ranks and has an unproven track record when facing uncertainty. After so many years of user-based growth and now they need to weather the storm of the business community asking the tough questions.

So far, FB are stuttering. We’ll see if they have the gonads to pick up and deliver on their earnings potential.

900 million users? So what, I’m still not impressed.

We had the dot com bubble burst in 2000, and with FB leading the way I predict a social media burst within the next 12 months. You read it here first.

By the way Mark, congratulations on the wedding