Perspectives: Facebook's new plan doesn't protect your privacy, and neither does the FTC

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Perspectives: Facebook's new plan doesn't protect your privacy, and neither does the FTC
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Facebook's new plan doesn't protect your privacy, and neither does the FTC | By Sally Hubbard for CNNBusiness Perspectives

Facebook's new plan doesn't protect your privacy, and neither does the FTCBy Sally Hubbard for CNN Business PerspectivesChat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.

Sally Hubbard is director of strategic enforcement at the Open Markets Institute. The opinions expressed in this commentary are her own. .leftside-floating-image { width:100%; display:block; margin:0 auto 1.5rem; } @media screen and { .leftside-floating-image { float:left; width:50%; max-width: 200px; display:block; margin:0 1.5rem 1rem 0; } } Facebook didn't get where it is today by protecting your privacy.

The company made $56 billion in 2018, in part by tracking people both on and off its platform and then selling targeted advertisements based on that surveillance. Yet when Facebook announced a shift to a"privacy-focused communications platform" in March and unveiled a redesign toward private messaging at its F8 developers conference on Tuesday, Facebook's stock value did not even dip.

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