One of Facebook's top executives had an awkward public face-off with Amazon's CTO over making money from user data
REUTERS/Andrew Yates
Clegg said Facebook doesn't sell user data, and said the platform has made strides in user transparency surrounding data sharing.Visit Business Insider's homepage for more stories. One of the questions came from Amazon's chief technology officer, Werner Vogels. He stood up and said: "If you don't pay for the product you are the product... I'd like to believe 95% of your customers do not understand that they are the product.
Clegg continued that he believes Facebook has got better at letting users know in clear terms how their data is being shared and used. "We're starting to roll out a new tool which you can find on Facebook called 'Off Facebook Activity,' so that you can see all the signals that Facebook receives through cookies and pixels when you go and visit... A shoe shop, a book shop or whatever," he said.
Likewise, Amazon relies on information about people's purchases and site browsing habits to inform what it displays on its site.You can watch Vogels' question and Clegg's response here:
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