Facebook considered selling Users’ data for $250,000 in 2012: Report
IANS: Facebook considered selling users' data to companies some years ago but later decided to act against it, the media reported.
According to Arstechnica.com that viewed an unredacted court document, Facebook staff in 2012 considered charging companies at least $250,000 for "access to one of its primary troves of user data -- the Graph API".
"In April 2014, Facebook changed the way the previously permissive Graph API works.
"The social media giant restricted some data access and eliminated all access to the earlier version by June 2015," the report said on Friday.
The Wall Street Journal also reported that "Facebook employees discussed pushing some advertisers to spend more in return for increased access to user information".
A failure on Facebook's part to adequately red...