Facebook is Redefining Privacy

Read this week's cover story on Time Magazine: “Facebook …and how it’s redefining privacy. With nearly 500 million users, Facebook is connecting us in new (and scary) ways.”

Mashable reporter Jennifer Van Grove writes:

"The feature article by Dan Fletcher delves inside Facebook and its methodologies for hooking new users and explores the historical events leading up to present-day privacy concerns around Open Graph and instant personalization."

The scary part is that Fletcher concludes by warning:
"Facebook is on the path to become “the Web’s sketchy Big Brother, sucking up our identities into a massive Borg brain to slice, dice and categorize for advertisers.”

Lots of interesting facts that are worth mentioning: Facebook houses the world's largest photo collection--48 billion unique images!