Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Facebook Inc (FB) Promises (Again) That You’re In Charge

Facebook Inc (NASDAQ:FB) is reiterating that you’re in charge of your privacy settings and data.

In an update to its terms of service and in a page claiming “You’re in charge,” the social media giant is continuing with its drive to tell the world that its users are actually the ones in control of their privacy settings and how their data gets used.

The company even promises that for a week, users will be able to make comments and suggestions about these updates.

All of this, of course, is to allay the fear of some people that they are essentially giving away their data to one giant company that’s named Facebook Inc (NASDAQ:FB).

“We hope these updates improve your experience. Protecting people’s information and providing meaningful privacy controls are at the core of everything we do, and we believe today’s announcement is an important step,” Erin Egan, Chief Privacy Officer of the company, said in the update.

Facebook Inc (NASDAQ:FB), second only to Google in this list of the world’s most visited sites, is not foreign to being criticized for the way it handles its user’s data. Just this year, they faced criticism about experimenting on users and for other products which the company forced people to download separately like Messenger.

Facebook, update privacy, updated terms and conditions, is FB a good stock to buy,

With these new updates, the company is promising that people will have easier access to privacy information when they need it as well as gain a better understanding of how the company uses the data they get.

Furthermore, the world’s largest social networking site also promises more convenient purchases. Facebook Inc (NASDAQ:FB) also assured that people now have more control over the ads that they see.

The company said that choices made by users on one device will now automatically apply to all devices that they have. Australia, Canada, France, Germany, Ireland and the UK will now also get the sites ad preferences tool.

Facebook Inc (NASDAQ:FB) shareholders includes Ken Griffin’s Citadel Investment Group which reported owning about 4.58 million shares of the company by the end of the second quarter of the year.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!