Privacy is Dead: how Twitter and Facebook Expose your Privacy

They know who you are!

It's not just government entities, it's also corporations. 

Even if you think you have privacy, they know what you do. 

And if you have taken some measures to remain private, the veil or curtain you pulled down is easily ripped and you are easily exposed.  

This will only become more widespread.   PB
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From Yahoo! Finance online:

They know who you are, what you like, and how you buy things.

Researchers at MIT have matched up your Facebook likes, tweets, and social media activity with the products you buy.

The results are a highly detailed and accurate profile of how much money you have, where you go to spend it and exactly who you are.

The study spanned three months and used the anonymous credit card data of 1.1 million people.

After gathering the data, analysts would marry the findings to a person’s public online profile.

By checking things like tweets and Facebook activity, researchers found out the anonymous person’s actual name 90% of the time...

Yahoo Finance’s Henry Blodget thinks the majority of people are okay with their information being gathered.

“Most people [are fine with it], as long as it is regulated. In other words, it’s within our legal system. I think we should all be fine with it. It can be very helpful in certain ways...”

Yahoo Finance’s Jeff Macke is on the opposite side of the privacy debate.

"We’re giving away our personal liberties all over the place and we really have no check and balance system.

"When the government is allowed to do these types of tracking systems in secret, all of a sudden you have to figure out what secrets you’re not figuring out because there’s never one cockroach.”
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Link:http://finance.yahoo.com/news/privacy-is-dead--how-twitter-and-facebook-are-exposing-you