The 4 Biggest Takeaways From Facebook’s New Data Policy [Fortune]
Meta Platforms, Inc. - Class A (FB)
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm
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Source: Fortune
Facebook users have long complained that the service’s privacy settings and data collection information was too complicated and hard to find. In effort to reduce that confusion, the company has come out with a new privacy guide to go along with an updated data collection policy. The changes come in prelude to new European Union rules that take effect on May 25 requiring companies to add more privacy controls and clearly disclose how and why they collect user data. The changes will eventually affect all Facebook users regardless of location, but they will first roll out in Europe. While Facebook’s new privacy and data collection policies are more clearly laid out, it’s still a lot of information to digest. Here are the main takeaways from the new data policy. Facebook collects data about everything you share Facebook’s new data policy guide tries to spell out the kind of user information it shares and with whom. Specifically, Facebook collects content use
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