People and media get riled up about Google and Facebook but the data that they have on me is pretty coarse and pales in comparison to what DataLogix, which is a company that Oracle acquired, and other companies have been able to build. We are not rational when it comes to these arguments.
If you're about to get stung by a scorpion then deal with that before dealing with the lion slowly stalking you.
Alternative narrative: Google and Facebook are directly threatening news media while DataLogix isn't and therefore doesn't get the attention that it ought to get.
Plus there is a very overlooked category of corporate software selling data, like payrolls. This can be used to target you better (eg can you afford that product). Another example is Salesforce selling consumer data to marketing departments: https://www.salesforce.com/products/marketing-cloud/data-sha...