Many Facebook observers believe that the company hopes eventually to license parts of its “social graph,” or profile information database, to external marketers and advertisers who might use it to target ads or other content to potential customers. But to be useful to marketers, the user data must be set to “public,” and Facebook has come under intense scrutiny over its handling of the privacy of its users' data of late. In light of the current backlash, any quick moves by Facebook to monetize its user data could prove disastrous. But some Web marketers, including Media6Degrees, are steering clear of Facebook user data, fearing that using it could sweep them into the center of the current privacy firestorm alongside Facebook itself. Though Media6Degree's success depends entirely on the breadth and depth of its database of (social) people, Phillips says that his company has no interest in adding Facebook's data to its current collection. Why? Because Facebook's massive database is full of PII, and the stigma associated with such data is so great right now that Media6Degrees might face a privacy backlash of its own if it added some of that content to its database.
How Will Facebook Make Money? | PCWorldFor many people, Facebook is the first stop in any Web surfing session. It has developed into a highly engaging combination of online bulletin board, personal scrapbook, and group communication network. But did you ever wonder why, being all those things … How Will Facebook Make Money?
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