53) We should make Class action on facebook. Invasion of privacy should cost even more than the value of information

Here is my facebook post

"Protecting Your Information

We understand the importance of keeping your data safe.

We have banned the app "This Is Your Digital Life," which one of your friends used Facebook to log into. We did this because the app may have misused some of your Facebook information by sharing it with a company called Cambridge Analytica. In most cases, the information was limited to public profile, Page likes, birthday, and current city.

You can learn more about what happened and how you can remove apps and websites anytime if you no longer want them to have access to your Facebook information.

There is more work to do, but we are committed to confronting abuse and to putting you in control of your privacy."
Facebook 1,860,000,000
China 1,373,000,000
India 1,266,000,000
WhatsApp 1,200,000,000
Instagram 600,000,000
USA 324,000,000
Twitter 317,000,000
Snapchat 301,000,000
Indonesia 258,000,000
Brazil 205,000,000
Pakistan 201,000,000
Nigeria 186,000,000
Bangladesh 156,000,000
Russia 142,000,000
Japan 126,000,000
LinkedIn 106,000,000
Facebook owned media 3,660,000,000
  • Facebook's business model is based on the indifference of users, their human weaknesses, their cognitive biases, the huge gap between their information and that of the company, the market power of the company and its monopoly.
    • Facebook collects information about its users, processes it and sells accurate advertising.
    • These are the things that brought her, in less than 15 years, to a market value of half a trillion dollars and its distribution, influence and power on the global public discourse, which no private entity has ever had.
    • Facebook acknowledges a series of systematic managerial failures in which the privacy of its users was sacrificed and it endangered the democracies of the world to maximize its revenues.

By pilepile, on 13 Apr 2018 00:28 history Tags:

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