AP FACT CHECK: Facebook doesn't sell data but profits off it
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April 11, 2018
NEW YORK (AP) — Mark Zuckerberg insisted once again Tuesday that Facebook doesn't sell your data, calling it a common misconception people have about Facebook. Here's a look at his remarks.
ZUCKERBERG: "We do not sell data to advertisers," the Facebook CEO testified during a Senate hearing. "What we allow is for advertisers to tell us who they want to reach. And then we do the placement."
THE FACTS: It's true that Facebook doesn't sell your data directly to third parties, but it clearly profits from the information. Thanks to user data, Facebook made $40 billion in advertising revenue last yea...
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