Yelp Security Hole Puts Facebook User Data At Risk
techcrunch.com
techcrunch.com
The last couple of weeks have been pivotal in the history of social media, I've never seen so many main stream media articles about the security and privacy issues associated with a single company.
When money is the primary driver behind who gets these partnerships (like yelps special one, anybody can use open graph) you have a fundamental and telling issue, privacy tends to go out the window when monetization of data starts to happen.
It is getting to a nightmare and I am not sure how well in general consumers in the social media can keep track of it.
Here is my business idea. My assumption is that a website helping people to understand and simplify the security issue on the social media places plus a clean how to instruction on setting the security levels will generate some good traffic. Anybody wants to build it?
It seems Facebook is on an absurdity run. The last two weeks have been full of absurd bugs, absurd ideas. </rant>
1. Go back to the 2007 FB and keep most people happy, and lose the ability to sell private data.
2. Lose 10-25% of users and monetize everyone else's data.
Facebook does not sell private data. It never has. In fact, if Facebook's evil plan were to someday start selling private data, encouraging users to make their accounts more open would make this plan less effective: you can't sell public data.
You can blame Bob for being the middle man, or me for not reading the fine print in the privacy policy, but at the end of the day FB is making money from "selling my private data"
Oh well, on to other wishful thinking...