Facebook and Instagram users in the European Union will be charged up to €12.99 a month for ad-free versions of the social networks as a way to comply with the bloc’s data privacy rules
Charges of €12.99 a month smartphone users for and €9.99 for desktop introduced to comply with EU data privacy rules
Awful to see our personal privacy and social lives being ransomed like this. €10 seems like a price gouge for a social media site, and I'm even seeing a price tag of 150SEK (~€15) In Sweden.
This is a classic. Make the price high enough that nobody wants to pay it, but low enough that law enforcement doesn't complain. Everybody will click on the „I'm Ok with tracking“ button.
They don't sell the data. It is used by Facebook to identify you and your interests and advertisers then pay Facebook to use this information to target their desired audiences with relevant ads. The data stays with Facebook. It's misleading to to say that they're selling your data because that's not exactly what's happening. Advertiser has no use for the user data itself. Advertising platforms do.
I don't think it's just semantics, when many people literally think they're handing over your data to a third party, when that is not actually the case. That would be significantly more concerning than what they're doing now, which already is concerning enough.