Facebook founder finally finds a way to profit from its 150m members' private data

[HURST]

{QUOTE-> Facebook is planning to exploit the vast amount of personal information it holds on its 150m members by creating one of the world's largest market research databases.

In an attempt to finally monetise the social networking site, once valued at $15bn (£10.4bn), it will soon allow multinational companies to selectively target its members in order to research the appeal of new products. Companies will be able to pose questions to specially selected members based on such intimate details as whether they are single or married and even whether they are gay or straight.

<-QUOTE}

http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/4413483/Networking-site-cashes-in-on-friends.html

[dw426]

{QUOTE-> http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/4413483/Networking-site-cashes-in-on-friends.html <-QUOTE}

And yet Facebook will continue to have huge memberships and gain more. The world will never be in short supply of idiots.

[Pedro]

I always assumed this was the business model.. Going to read it, thank you HURST.