this article is not very accurate, it' like the author just found out about the data he is giving up:
-all your private financial transactions.
no, my private financial transactions are private, how can Facebook access them?
-...the right to privacy, and the right to have a say in how information about us is used. We've giving up those rights forever by using Facebook.
No, you are giving up a small part of your privacy using Facebook. You give up privacy basically using any online service, and a lot of offline as well (loyalty cards, phone number, ...). And it's not forever.
-In reality, lots of your posts are never seen by anyone!
I think the article refers to the "Top Stories" features, but you can change it to "Most recent". The problem is not facebook, but the amount of material available. They are not hiding posts, it's just that they are too many for the average user
-all your private financial transactions.
no, my private financial transactions are private, how can Facebook access them?
-...the right to privacy, and the right to have a say in how information about us is used. We've giving up those rights forever by using Facebook.
No, you are giving up a small part of your privacy using Facebook. You give up privacy basically using any online service, and a lot of offline as well (loyalty cards, phone number, ...). And it's not forever.
-In reality, lots of your posts are never seen by anyone!
I think the article refers to the "Top Stories" features, but you can change it to "Most recent". The problem is not facebook, but the amount of material available. They are not hiding posts, it's just that they are too many for the average user