*By Britt Terrell* Facebook may have a very different understanding of its users' privacy concerns than the millions of people whose personal information was shared with dozens of device makers as part of the social media company's efforts to spread its network. "I think a lot of people have entered into agreements with Facebook without fully understanding the complete context of how this data can be used," said Damon Beres, executive editor at Mashable. "Facebook may say that someone signed their data rights away 10 years ago, but I don't think that anyone had the level of awareness about these privacy concerns that we have now." [The New York Times reported](https://www.nytimes.com/interactive/2018/06/03/technology/facebook-device-partners-users-friends-data.html) that Facebook shared users' personal data ー and the data of those users' friends ー with dozens of device makers over the last decade. The revelation that Facebook had for years shared this information raised new privacy concerns as the company was facing greater scrutiny stemming from the Cambridge Analytica data scandal. "I think it goes to show that Facebook has permeated a lot of how we use our devices without us really thinking about it," Beres said Monday in an interview with Cheddar. "So, these problems kind of keep springing up as people have more awareness of data privacy concerns." In response to The Times's report, Facebook's vice president of product partnerships wrote [a blog post](https://newsroom.fb.com/news/2018/06/why-we-disagree-with-the-nyt/) that said the revelations in the latest article are different from "past concerns about the controls over Facebook information shared with third-party app developers." That's what happened with Cambridge Analytica, a political research firm that gained access to the private data of 87 million Facebook users via a third-party app. There were no apps a decade ago when Facebook was trying to get its network into the hands of mobile users, according to Ime Archibong, the Facebook VP, so the company relied on partnerships with device makers, including Amazon, Apple, Blackberry, HTC, Microsoft, and Samsung. "All these partnerships were built on a common interest — the desire for people to be able to use Facebook whatever their device or operating system," Archibong wrote. Beres said that Facebook's users may not have shared those same interests, or had the same understanding as Facebook as to how their data would be used. "Facebook's natural defense is to be very literal, but I think we need to talk more about ethics and how people can actually naturally expect how their information is being used on these services," Beres said. For the full interview, [click here](https://cheddar.com/videos/facebooks-privacy-problems-continue).

Share:
More In Technology
Digital GCOIN Gives Users Ownership of Pure Physical Gold
After months of investors turning to crypto as a hedge against inflation, instead of the traditional hedge of gold, one crypto exchange is working with a token creator to launch a digital coin backed by a physical asset. GCOIN gives customers a digital title of ownership to 99.99% pure physical gold which is stored in a secured vault. Brent de Jong, GCoin's founder and Kristin Boggiano, Co-Founder and President of CrossTower, a cryptocurrency exchange, join Cheddar News' Closing Bell to discuss the GCOIN rollout, customer interest, why crypto is used as an inflation hedge, and more.
Foxtrot Raises $100 Million to Accelerate National Retail Expansion Of Its Digital-First, Omnichannel Corner Store
Retail platform operator and delivery company, Foxtrot, raised $100 million in a Series C round led by D1 Capital Partners. Foxtrot bills itself as the modern convenience store that combines what it calls in-store curated discovery with 30-minute delivery and 5-minute pickup. Since launching first as a digital-only delivery service, the company has since grown into a popular local retailer, opening 16 brick and mortar locations across Chicago, Dallas, and Washington, DC. Foxtrot co-founder and CEO Michael LaVitola joined Cheddar News' Closing Bell to discuss.
Jan. 6 Committee Subpoenas Big Tech for Information on Capitol Insurrection
The January 6 committee has subpoenaed four tech giants for more information on what they did and didn't do leading up to last year's deadly Capitol insurrection. Google, Facebook, Twitter, and Reddit were asked to assist the investigation in August, but the committee says their responses have been 'inadequate.' Craig Timberg, a national technology reporter at the Washington Post, joins Cheddar News' Closing Bell for more details about the subpoenas, why this is happening now, and how it might impact social media companies moving forward.
When Apple Might Enter the Virtual and Augmented Reality Race
As Meta and Microsoft ramp up their AR and VR tech futures, analysts have been waiting on word from Apple, but the consumer tech giant is reportedly delaying such an announcement. Doug Astrop, a managing partner at Exponential Investment Partners, joined Cheddar to dive into the rumors about the possibilities of a foray into the metaverse by Tim Cook's megacorp sometime in 2022 or 2023. "We can't really predict with a great deal of certainty how it's going to play out, but I'm confident Apple's going to be a big player and do very well in any scenario that unfolds," said Astrop.
Supply Chain Automation Company Symbotic on Going Public Via SPAC With SoftBank
Specializing in AI, robotics, and automation for the global supply chain, Symbotic announced last month it will be tapping the public markets in a SPAC deal with investment giant SoftBank. Symbotic CFO Tom Ernst and Vikas Parekh, a managing partner at SoftBank Investment Advisers spoke with Cheddar about going public and the future of modernizing logistics amid the constrained supply networks. "The supply chain is fundamentally broken," said Ernst. "By employing the best in modern technology for autonomous vehicles and artificial intelligence, we're able to fundamentally rethink the way in which you receive and store and sort goods, making for a dramatically more efficient supply chain."
Markets Open Higher on First Trading Day of 2022
Markets opened higher on the first trading day of the new year as investors continue to watch inflation and the rapid spread of the omicron variant in the U.S. Frances Newton Stacy, Optimal Capital Dir. of Strategy/Market Analyst joined Cheddar's Opening Bell to discuss.
Load More