[LINK] Networking site cashes in on friends

[stephen at melbpc.org.au]

Roger and Bernard write:

>> Networking site cashes in on friends: Facebook founder finally finds
>> a way to profit from its 150 million members' private data
>> 
>>www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecos/4413
>>83/Networking-site-cashes-in-on-friends.html
>
> Here are the caustic comments I made after posting the shorter SMH 
> version to the privacy list this morning:


Well said Roger .. and 'informed, freely-given consent' seems impossible
ipso-facto .. and this corporate Facebook decision just seems max grubby 

> [4.  Regrettably, they've failed to do so to date, and don't appear to 
> be learning anything.

They certainly wasted no time in flogging their Facebook member database:

> From:   "WebProNews" <webpronews at ientrynetwork.net> 
> Date:   Mon, 26 Jan 2009 11:03:24 -0500 
> Subject:   Try Facebook Ads for free with a $25 credit 
 
Try Facebook Ads for free with a $25 credit 

With Facebook Ads you can target our 100 million users as precisely as 
you want – from age, gender and other demographics all the way down to 
their specific passions and interests. And now you'll save $25 with your 
very first ad placement.

Best of all, you can take advantage of Facebook Ads' advanced targeting 
in just four easy steps:

Create an ad 
Choose your audience 
Set your budget 
Publish your ad 
 
That's all there is to it. So get started and save $25 today.   
Try Facebook Ads today and save $25.* 
   
*Only new accounts created in the last 24 hours are eligible for the $25 
offer. Enter coupon code: XXXX-EFF7-6P18-XXXX at checkout to redeem. 
Offer expires 3/31/2009. 
--

Cheers,
Stephen
 


Message sent using MelbPC WebMail Server