It is really sad when a lawyer working for the biggest online privacy thief claims “there is no privacy.”
“There is no invasion of privacy at all, because there is no privacy,” on Facebook or any other social media site, company attorney Orin Snyder told U.S. District Judge Vince Chhabria. The statement was made in regards to one of the many lawsuits against Facebook. The statement provides a rare, inside look at how Facebook CEO Zuckerberg and other top Facebook executives think about how to create a profitable business off user data.
You can read the details in an article by Ben Popken at: https://tinyurl.com/y58l3uoe.
As Mark Zuckerberg wrote in 2012, “~$0.10/ user each year, which “might even be too low.” Multiply $0.10 times 2.38 billion monthly active users and you one of the lucrative sources of income enjoyed by Facebook.
NOTE: The claim of 2.38 billion monthly active users comes from Facebook’s official investor relations information, last updated May 15, 2019. This information is officially updated once per quarter.
Categories: Online Privacy & Security