Facebook Inc Heightens Privacy Controls For New Users

Facebook Privacy checkup

If your like millions of Facebook users you probably aren’t aware exactly who is seeing your photos, birthday, mobile phone number and other information you’ve choose to put on the site. Following business pressures and mounting concern over the complexities of its privacy settings, Facebook Inc (NASDAQ:FB) announced today that it would be providing a privacy checkup to each of its roughly 1.28 billion users.

Facebook protecting new users

Additionally, the Menlo Park, Calif. based company will change the default settings for new users. This will be done by initially setting their posts to only be seen by “friends”, and will explain that by reconfiguring this to “public” will allow anyone on the Internet with the know-how to view all of their information.

This is nothing short of a 180 degree turn for the company and will certainly shock millions as they see just what they have been sharing with the online world. Over the last ten years, the company has regularly encouraged users to share more information with others. No, that’s not enough, on a few occasions the company has forced its users to share more than they might like.

The rise of apps that protect privacy

Mr. Zuckerberg is no fool, and he’s seen first hand following the Snowden affair that Internet users, especially younger ones, value their privacy. Zuckerberg went so far as to purchase WhatsApp which is big on privacy and was rebuffed on a $3 billion offer for Snapchat an app that has grown increasingly popular due to its high regard for privacy.

“What we really want is to enable people to share what they want,” Mr. Zuckerberg said in an interview last month. “People read a lot of the stuff that we do as if we are trying to somehow get people to share more things, but all the core innovations are around giving people the tools they need to be comfortable.”

In addition to this move making people more comfortable, it may also protect Facebook from growing calls by regulators, especially in Europe, to work on protecting its users and may even see it dodge a few lawsuits.

For exclusive info on hedge funds and the latest news from value investing world at only a few dollars a month check out ValueWalk Premium right here.

Multiple people interested? Check out our new corporate plan right here (We are currently offering a major discount)



About the Author

Brendan Byrne
While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. To contact Brendan or give him an exclusive, please contact him at theflask@gmail.com

Be the first to comment on "Facebook Inc Heightens Privacy Controls For New Users"

Leave a comment

Your email address will not be published.