SoylentNews is people
SoylentNews
Submitted via IRC for SoyCow1984
Facebook Says It Needs to Collect All Your Data to Protect Against Terrorism and Child Abuse
[...] From Facebook's statement this morning (emphasis ours):
Facebook has always been about connecting you with people and information you're interested in. We tailor each person's Facebook experience so it's unique to you, and we use a variety of information to do this – including the information you include on your profile, news stories you like or share and what other services share with us about your use of their websites and apps. Using information across our services also helps us protect people's safety and security, including, for example, identifying abusive behavior and disabling accounts tied to terrorism, child exploitation and election interference across both Facebook and Instagram.
By the end of Facebook's statement the company leans heavily into the claim that everybody else is doing it, so why can't they—which may be the most terrifying point.
"Every day, people interact with companies that connect and use data in similar ways. And all of this should be–and is–a legitimate area of focus for regulators and policymakers around the world. Yet the Bundeskartellamt is trying to implement an unconventional standard for a single company," Facebook said.
(Score: 2) by Runaway1956 on Friday February 08 2019, @06:41PM
True. But, there are some things to keep in mind. The retailer can't be caught selling the same items to different customers for different prices, without a justification. That is, you pull up to a gas pump, the price is clearly marked, 2.07 per gallon. That 2.07 is the mark up price that you mention. If you have the card, you will get your gas at the pre-markup price. Because I don't carry a gas company card, I don't get my gas at the pre-markup price - instead, I'm paying for your refund/rebate/discount. In effect, I'm being punished for not allowing the gas company to track me.
Obviously, they are still making a profit by selling gas to you, even after the discount. (Of course, any accountant would be up in arms over my use of "markup" here. That term is properly used to define the difference between wholesale and retail, or the vendors gross profit on an item.)