By Tom Simonite, Technology Review
The company’s social scientists are hunting for insights about human behavior. What they find could give Facebook new ways to cash in on our data—and remake our view of society. Now that it’s a public company, Facebook needs to significantly boost its revenues to bring them in line with shareholders’ expectations. That means finding new uses for the endless amounts of personal data the company collects from its users—but this prospect concerns privacy advocates, who say Facebook has outgrown existing privacy laws. Although regulators around the globe are increasing their scrutiny of Facebook, it might be years before they catch up.
http://www.technologyreview.com/news/428181/few-privacy-regulations-inhibit-facebook/
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