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… mass Facebook data harvesting was not the wisest move, one of the social networking giant’s senior executives has said.
Addressing the FT Future of News conference, Campbell Brown, head of news partnerships at Facebook, said: “If it were me I would have probably not threatened to sue the Guardian,” adding it was “not our wisest move”.
GMG received a legal letter from Facebook the day before the Observer reported that a company harvested as many as 50m Facebook profiles of US voters for Cambridge Analytica and used them to build a powerful software program to predict and influence …

… partnerships with apps that are constantly sending Facebook personal data.
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How Facebook and App Developers Hide How Information is Shared from Apps
Facebook’s partnerships that allow it to acquire even more information than from cross-site surveillance and information brokers are explained as follows.
Millions of smartphone users confess their most intimate secrets to apps, including when they want to work on their belly fat or the price of the house they checked …

… Foundation, the Democracy Fund, the John S. and James L. Knight Foundation, the Tow Foundation, AppNexus, Mozilla and Betaworks. The initiative’s mission is to advance news literacy, to increase trust in journalism around the world and to better inform the public conversation. The initiative, which is administered by the CUNY Graduate School of Journalism, will fund applied research and projects, and convene meetings with industry experts.
This is amusing because, along with Google, Facebook has been instrumental in reducing the revenues flowing to media entities.
This is what Facebook did to its media “partners.”
Proprietary access to subscribers …

… in with a third-party’s (e.g., The New York Times) use and license of other Facebook business products (Like buttons, Logins, etc.).
After Beacon in 2007, Facebook introduced the media Like button, which allowed for cross-site surveillance. We cover in the article How Facebook Tricked its Media Partners into Surveillance with the Like Button.
Facebook lied about how its Like button enabled surveillance and was then promptly caught in a very similar manner to how they were caught lying about Beacon’s surveillance.
Facebook is Caught Again Lying About its Tracking and Surveillance of Users
One issue …

… is so absolute that the duopoly of Facebook and Google accounts for 90-99% of year-over-year growth in the U.S. digital advertising market.
Cross Website Surveillance
Facebook not only engages in mass surveillance of the users of its site but forces this surveillance apparatus on its media partners, as explained in the following quotation.
Why is it that thousands of Facebook competitors on the advertising side—traditional publishers of content, such as magazines and newspapers—also coordinate with Facebook to allow Facebook to watch and monitor their own customers?
Only after an historic public offering, the acquisition …