Note that $AMZN
were also mentioned in the $FB
"Today, Facebook has access of data points, ranging from ads that you've clicked on, events you've attended and your location, based upon your mobile device. It is no secret that Facebook makes money off this data through advertising revenue, although many seem confused by or altogether unaware of this fact...
Significant data collection is also occurring at Google, Twitter, Apple, and Amazon. And even -- an ever-expanding portfolio of products and services offered by these companies grant endless opportunities to collect increasing amounts of information on their customers.
As we get more free or extremely low-cost services, the trade-off for the American consumer is to provide more personal data. The potential for further growth and innovation based on collection of data is unlimitedless. However, the potential for abuse is also significant."