From Pine View Farm

Facebook Frolics 2

All ur status upd8tes r belongz to us:

What does your circle of friends say about your creditworthiness? Germany’s largest credit agency, called SCHUFA, believes the answer to that question is: “a lot.” German broadcaster NDR Info revealed on Thursday that the agency planned to mine Facebook, Twitter, LinkedIn and other social-networking sites for data to help determine an individual’s ability and willingness to pay their bills.

According to the broadcaster, SCHUFA plans to use Google-like crawlers to scoop up information available on the sites. “The goal of the project is to analyze and research web data,” the agency said in a short statement on Thursday.

German politicians and citizens are not taking this quietly.

Germany has strict laws about internet privacy (remember the great Google street view fuss). Follow the link to Der Spiegel for a roundup of comments from all sides of the spectrum.

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2 comments

  1. George

    June 10, 2012 at 11:18 am

    Hide or delete all status updates after 24 hrs. Unfriend until at least 80 percent of the people in your list are real friends, not net nuisances. Work to make Facebook valueless. 

     
  2. Frank

    June 10, 2012 at 10:24 pm

    My “updates” are this blog’s post.  Nothing to delete–all stuff that is freely available on the net.  But check out tonight’s post about my friend’s experience.