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This time around, Facebook may actually have seen its privacy Watergate: A report in The Wall Street Journal on Monday found that the phenomenal amount of personal information that Facebook members put in their profiles may indeed have been sold extensively to marketers, advertisers, and data collectors. The big question, appropriately enough, is what did Facebook know and when did it know it?
Here's what happened: When Facebook members agree to connect their Facebook credentials to any of the hundreds of thousands of applications that implement its third-party developer application programming interface (API), they are giving those developers access to their Facebook member ID numbers and in turn all publicly available information about them on Facebook (which includes names and lists of friends).
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