Social Networks and the Death of Privacy – Facebook is using you

Facebook filed documents with the government that will allow it to sell shares of stock to the public. It is estimated to be worth at least $75 billion. But unlike other big-ticket corporations, it doesn’t have an inventory of widgets or gadgets, cars or phones. Facebook’s inventory consists of personal data — yours and mine.

http://www.nytimes.com/2012/02/05/opinion/sunday/facebook-is-using-you.html?pagewanted=1&_r=1

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