Facebook – this is a social media site that most have an account today. But did you ever wonder how this social networking site able to offer their free service while they are earning a lot of money?
In early 2018, the United States Congress invited Mark Zuckerberg, the chairman of Facebook.
Congress needs to clarify and investigate the alleged controversy on how they sell the data of its users to their advertisers to earn their fortune.
During the congress session, Mark Zuckerberg clearly yet briefly describes how they earn money.
They are not directly selling our data to their advertisers, but they are only allowing them to use their site to post their products and services.
The data of every user of Facebook are safe into their servers. What Facebook only does is to place the advertisements to the right people who might be interested in their products and services.
Certainly, whatever Facebook is saying about their way of earning. They are still using our data to earn. But that’s just fine because we are enjoying the benefits of it.
This is the price that we have to pay which is our own information and we can’t do anything about it if we want to use their website.