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Thank you Lauren.
A new privacy concerns swirling around FaceBook this time but a new effort to match FaceBook users to product purchasing -- -- On seventy million consumers tracked by the firm data logic probably have happened privacy advocates.
Say that -- FaceBook is violating terms maybe a bit FTC -- -- in November and judge and you know Paula Todd joins us judge and -- valid concern.
Well they aren't they aren't they are because FaceBook agreed to with the SEC.
That it would not pass on information that it learned from that -- customers eleven information is publicly available.
To anyone for profit.
And it paid a -- -- the SEC which is the time didn't have the regulatory authority over gonna pay the fine nevertheless a very very small fine.
And that agreement -- said we're gonna get the permission of our people to pass this information not even though of an information the public domain.
It's not a concern because all of this is public and nothing has posted on FaceBook picks -- voluntarily.
By the people who post.
Right -- the difference is is that it's one thing for FaceBook to figure out on its own I guess and now we worry that they're gonna take user email addresses.
Given to -- logic stayed logic meanwhile has seventy million.
Customers who agree.
To let their purchases be -- are using these frequent flier cards.
-- as long as they've already agreed to do that and then a subset of them are FaceBook users what is the problem exactly.
Well it in my view there is no problem because the FaceBook people have posted and -- you wanna talk about this during the break.
Some of the most lurid and intimate personal information about them they cannot possibly claim that they have the right to privacy -- that information.
But privacy advocates typically people who war.
Members of a class in a class action against FaceBook.
Are saying we post it we don't want it sold we don't want to come back to lest we don't want someone tailoring advertising to -- we you know what once it's out there.
Once it's in the public domain you have no right to bring it back -- you have no right to control who uses that information about you what's -- thing here of course is that.
Who will go after FaceBook.
The federal government.
And who -- lawyers were lawyers for the federal government who is the biggest violator of a right to privacy.
The same federal government that will probably go after FaceBook that went after them earlier in the form of the SE CIO.
We don't know the answer whether these allegations in the Financial Times are true.
We do assume look at it that the Financial Times is truthfully reporting.
That data logic has some kind of relationship with FaceBook share but but the implication of that reporters that FaceBook has not told that any events gazillion.
Customers and clients that -- passing that information on.
That's what the SE CS settlement sets you can pass on -- -- that is asked for as long as you you inform not get permission in four.
I don't know your clients that you're -- a year and -- -- gonna do that now face of ideological point out that you know we're never saying that John Smith bought this car -- this porn magazine at this place all the doing is they've they've studied 45 campaigns they found that seven -- 75% of the time.
A dollar spent on FaceBook yields three dollars in purchases we're not saying that John Jones made this purchase so don't worry about it -- true though I never see.
You know people protesting Alberta FaceBook reserves IC -- -- privacy advocates who make a living worrying about this and raise money for their groups as well didn't complaining where.
-- -- regular people who -- I am one of those privacy advocates but but but my concern is when the federal government violates.
Federal law and the constitution.
Neither of which come into play here and because everything that data logic -- getting.
The FaceBook clients have already willingly knowingly voluntarily reveal what the federal government wants data -- -- -- to do.
Is to tell those clients that they don't already.
Whatever you post here we're gonna -- for profit.
And you may get -- -- very you may get an email try to sell you a product that the email I think you might wanna -- current end of the story thanks for being with us about -- -- -- a -- -- judge Andrew Napolitano.
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