Wednesday, June 13, 2012

What Facebook Knows - Technology Review

A timely snapshot of Facebook’s Data Science Team; tangentially, also see Facebook says its ads do work, issues supporting report (Los Angeles Times)

“And yet, even as Facebook has embedded itself into modern life, it hasn't actually done that much with what it knows about us. Now that the company has gone public, the pressure to develop new sources of profit (see "The Facebook Fallacy") is likely to force it to do more with its hoard of information. That stash of data looms like an oversize shadow over what today is a modest online advertising business, worrying privacy-conscious Web users (see "Few Privacy Regulations Inhibit Facebook") and rivals such as Google. Everyone has a feeling that this unprecedented resource will yield something big, but nobody knows quite what.”

What Facebook Knows - Technology Review

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