Week 9

Although social media is a low-cost and a quite popular choice for many startups such as e-commerce, many people do not realize the danger of sharing any information on the web.  Facebook, for example, is the #1 choice for many people who wish to market and promote their businesses.  They do not realize that their personal information is actually sold off the moment they have completed their facebook account.  Facebook earned their revenue through people’s personal information, and even though facebook claims that they do not share their users’ information with third party agencies, this is exactly how they make profits.  Facebook have recently released a new privacy policy for their users, it is actually more in length and quite in depth, almost seems like they are purposely aiming to confuse their users.  Their users’ privacy settings are very difficult to navigate through; users can spend up to hours just trying to make changes of their current setting.  Now that I know exactly how facebook’s privacy policy for their users work, I will continue to use them to market and promote my business, but, I will use extra step of precaution when sharing the least personal information through facebook.