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META PLATFORMS, INC.

(FB)
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Facebook Inc : Answering Your Questions on Home and Privacy

04/05/2013 | 06:28pm EST

Since the announcement of Home yesterday, we've received a few questions about how Home works with privacy. Home is software that turns your Android phone into a great, living, social phone. Home doesn't change anything related to your privacy settings on Facebook, and your privacy controls work the same with Home as they do everywhere else on Facebook.

We wanted to take this opportunity to answer some questions about how Home works and the data we collect through the service.

Q: Do I have to use Home to access Facebook on Android?

A: No. Home is a new way to experience Facebook, and we hope people enjoy using it. But you won't get Home unless you specifically choose to do so -- either by downloading Home from the Play Store or by purchasing a phone with Home preinstalled.

Q: Do I have to continue using Home after I install it?

A: No. You can easily turn off Home in your Home Settings. If you like Home but don't want it to appear as your lock screen, you have that option as well.

Q: What information does Home collect?

A: Like other parts of Facebook, Home collects information when you interact with the service, such as liking or commenting on a post or sending a message. Home also may collect other information about how you use it. For example, Facebook maintains a list of the apps that you have in the Home app launcher. We store this information in identifiable form for 90 days and use it to provide the service and improve how it works.

For devices that come with Home preinstalled, Home can display system notifications, meaning that it will show notifications from apps on your phone. Since these notifications appear in Home, Facebook collects information about the notification (such as which app is generating them) but not the content of the notification itself. We remove identifying information from this data after 90 days.

Q: Does Home collect my location?

A: Facebook Home doesn't use location in any way that's different from the Facebook app you already have on your Android phone. You can learn about how location works across Facebook in our Data Use Policy and Help Center.

Q: Can I turn off location services altogether?

A: Yes, just as with any other app, you can control the location permission in your phone's settings.

Q: Does Home collect information about what I do in non-Facebook applications?

A: No. Home will only see how you interact with Home itself. For example, Facebook could see that you launched a map application using the app launcher, but Facebook would not receive information about what directions you searched for or any other activity within the app itself. Of course, some apps already are Facebook-enabled so that you can share your activity within the app back to Facebook. This kind of integration existed long before we launched Home, and apps that have it will tell you if it is available.

Q: How can I find out more about how my data is used?

A: The data that we receive through Home is covered by Facebook's Data Use Policy, which people can view before they activate Home. You also can find more information about Home specifically by reviewing our Home frequently asked questions, which are available in our Help Center and through the Home login screen.

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Financials (USD)
Sales 2021 118 B - -
Net income 2021 39 932 M - -
Net cash 2021 65 029 M - -
P/E ratio 2021 23,8x
Yield 2021 -
Capitalization 923 B 923 B -
EV / Sales 2021 7,29x
EV / Sales 2022 6,08x
Nbr of Employees 68 177
Free-Float 84,5%
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Number of Analysts 52
Last Close Price 331,90 $
Average target price 402,68 $
Spread / Average Target 21,3%
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Managers and Directors
Mark Elliot Zuckerberg Chairman & Chief Executive Officer
David M. Wehner Chief Financial Officer
Michael Todd Schroepfer Chief Technology Officer
Atish Banerjea Chief Information Officer
Sheryl Kara Sandberg Chief Operating Officer & Director
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