Interestingly, the latest update included an updated “basics” page that would make regularly sought after privacy settings easily accessible. The page even includes step-by-step tutorials that will walk users through almost any privacy related steps that can be taken on the social network.
The new policy updates reinforce the company’s ability to collect the data they choose to from the social networks users but adds in two sections that really go into detail in a more simplified language regarding the types of information they collect, as well as how the company uses that data that they’re collecting.
Facebook is still peaking at your location. They are still monitoring where you are, or where you have been and targeting ads as result of that. Additionally, they explain a little bit about their shopping tool that the company has been testing. This information will be collected, in the same way, your profile information is collected. Users should think long and hard before using a credit card on the site, seeing as how that too, according to the company, is information that the company will collect and keep.