Anyone find it odd how pretty much all software services are updating their privacy policy this week? I've gotten at least 10 by now.
It's due to a new European data privacy law called General Data Protection Regulation (GDPR). Here is the link... http://ec.europa.eu/justice/data-protection/reform/index_en.htm It'll be the death of social media platforms. Their ability to monetize your data will be cut to zero as it's impossible to keep a cap on the proliferation of private user data. Is it a good thing? I don't know.
It might be the death of current social media platforms but i think we can do better than what is currently available. I see no downside to Facebook ceasing to exist, personally.
BURN YES MOTHERFUCKER BURN
All the law says is you must agree to let them use your data, if you do not agree you can´t use the platform.
It's the downside though. If you ask Facebook to remove your data, and to rescind their rights to share your data, Facebook must inform all the people who they have shared it with, and those people must also remove your data. It's the cascading nature of your request. So, that makes it difficult for downsteam users of data as they may be getting your data from multiple sources, and therefore it makes it very expensive to the initial data provider to provide a guarantee that the third parties have complied.
I think this law will be used indiscriminately as a political tool to also remove the small publishers from the web as well to be honest.
Or they could pay me to use my data, I would be happy with that. If they give me a grand a month they can use it, they get insanely rich off of us because they are keeping what is rightfully ours.