Facebook Begins Mining Users’ Data for Paid Advertisements

Facebook Ads

We’ve all known about targeted marketing for a while now – type something into a search engine, and if it’s a marketable product, soon you’ll be seeing ads for it all across your browser. Now, however, social networking giant Facebook is looking to take that one step further. The privately held company founded by Mark Zuckerberg will now be tracking activity of profiles, status updates, wall posts, messages, and “likes,” in order to target ads even more closely to the site’s users, according to an article in the LA Times.

For example, women who have recently gotten engaged and told Facebook about it should expect to see advertisements for local caterers, florists, wedding planners, and more.

Privacy experts say that Facebook’s unique ability to mine data and sell advertising based on what the site’s members voluntarily share is “electronic eavesdropping” – sharing data that many users only intended to share with friends.

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Facebook Creator Mark Zuckerberg the Subject of New Comic Book

After being depicted in a book and the Oscar-nominated film The Social Network, Mark Zuckerberg, the 26-year-old creator of Facebook, now stars in his very own comic book.

Written by freelance journalist Jerome Maida and illustrated by Sal Field, Mark Zuckerberg: Creator of Facebook is a 48-page comic book offering “a more balanced portrayal” of the Facebook visionary then viewers saw in the The Social Network.

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Facebook Rolls Out Creepy App: “Breakup Notifier”

You know how it goes. You’re vying for the attention of your beloved, but he or she is simply too smitten with their current squeeze to bat an eyelash at you. And, since information is super-ultra-mega private these days, especially revolving around Facebook, relationships, and relationships on Facebook, it’s understandable that you might be clamoring for a way to find out when your crush becomes romantically available.

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Facebook Unveils “Civil Union” and “Domestic Partnership” Statuses

In today’s society, many people judge the seriousness of a relationship by whether it’s “Facebook Official.” For some couples, though, the option of making it “Facebook official” wasn’t offered by the social networking site.

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Former President George W. Bush to Answer Questions on Facebook

Have a question for George W. Bush? You just might have a chance to ask it. The former president is stopping by Facebook today to answer questions from users and employees of the wildly popular social networking site. 

The Q&A will stream live on Facebook Live, beginning at 5 p.m. Eastern. Mark Zuckerberg, CEO of Facebook will moderate the discussion, along with Ted Ullyot, general counsel and former Bush staffer. Want to submit a question? Simply click the “Ask a Question” button at the top of the video screen.

Bush will be the first president to appear live on Facebook. The appearance is part of a book tour for his new memoir, Decision Points.


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Debt Collectors Face Lawsuit After Harassing Customer on Facebook

The creepiest people out there have to be debt collectors. It is a tough job and takes a strange person willing to harass others through any means necessary to collect money.  Nothing illustrates the lengths agents will go to like the recent lawsuit filed in Florida.

The collection company, Mark One Financial, LLC, was tasked with collecting $362 dollars from Florida resident Melanie Beacham.  She fell behind when she faced a reduction in income and then was out on medical leave for 3 months. She kept up her payments with help of her father for awhile and even worked out a deferment program with the company.  As she approached her second missed payment Mark One decided to take to the cyber world.

When calling her up to ten times a day yielded no reward they turned to Facebook.  They stalked her family and friends by sending multiple messages in an effort to get her to pay the outstanding $362.00.  This caused stress and tension with everyone involved.

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Categories: Deals and Finances | Facebook

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