EVERYTHING IS GOING SWIMMINGLY: Facebook Doesn’t Know What It Does With Your Data, Or Where It Goes.
Facebook is facing what it describes internally as a “tsunami” of privacy regulations all over the world, which will force the company to dramatically change how it deals with users’ personal data. And the “fundamental” problem, the company admits, is that Facebook has no idea where all of its user data goes, or what it’s doing with it, according to a leaked internal document obtained by Motherboard.
The document was written last year by Facebook privacy engineers on the Ad and Business Product team, whose mission is “to make meaningful connections between people and businesses,” and which “sits at the center of our monetization strategy and is the engine that powers Facebook’s growth,” according to a recent job listing that describes the team.
What it comes down to is this: So long as your data is how Facebook makes money, the company has no vested interest in what happens to it after they’ve gotten their cut.