Thursday, March 31, 2011

Sunday, March 20, 2011

Facebook - You get what you pay for. Such is Life.

Facebook now has 600M users and is now more used the Google, who would have
thunk it. Lets admit it, Facebook allows us to share photos, jokes,
thoughts, videos etc. easily and quickly to our "friends". We all know that.
But they have to pay for all this. They just took in an investment of $500M
and whether we like it or not, they need to make money on this capital.

So to do that, they are hoping that ad revenue will allow them to give
Goldman Sachs a monstrous ROI and they are going to use OUR data to target
ads. Sometimes this is good. I want ads on skiing and wine, etc. I like
these things, though not together. But using ME in the adds? Sorry Charlie,
not me. Any photos of me could actually hurt sales! I want to opt-out and
Facebook allows me to do this.

so....here is my quick post from Facebook that I put on my status.

"Facebook will start using your photos in ads appearing on profile pages of
your contacts. It is legal and is mentioned in the fine print when you
create your account. To stop this do the following: Account, Account
Settings, Then click on Facebook Ads ( tab...), choose "No one" on the 2
drop-down menus and save changes. Copy and use in your status update."

You decide what you will do. Guess what my choice was?