Data is the new oil…
For years, Facebook gave some of the world’s largest technology companies more
intrusive access to users’ personal data than it has disclosed, effectively
exempting those business partners from its usual privacy rules, according
to internal records and interviews.
The special arrangements are detailed in hundreds of pages of Facebook
documents obtained by The New York Times. The records, generated in 2017 by
the company’s internal system for tracking partnerships, provide the most
complete picture yet of the social network’s data-sharing practices. They
also underscore how personal data has become the most prized commodity of
the digital age, traded on a vast scale by some of the most powerful
companies in Silicon Valley and beyond.
Partner | *Lawmark Partners LLP*
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