Facebook might not sell user data, but internal documents suggest it certainly considered it , #DigiTech Geeks #Facebook #News #fbnews

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Facebook might not sell user data, but internal documents suggest it certainly considered it

Internal Facebook documents seized by British lawmakers suggest that the social media giant once considered selling access to user data, according to extracts obtained by the Wall Street Journal. Back in April, Facebook CEO Mark Zuckerberg told congress unequivocally that, “We do not sell data.” But these documents suggest that it was something that the company internally considered doing between 2012 and 2014, while the company struggled to generate revenue after its IPO.

In one case, an employee suggested shutting down data access unless companies spent “$250k a year to maintain access.” In another email, a Facebook employee talked about having a “strategic” talk with Amazon to avoid a “disappointing conversation” about it getting less...

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