Facebook insists “users are not the product” in controversial new statement

INSUBCONTINENT EXCLUSIVE:
ongoing Cambridge Analytica Scandal.Facebook has a tough fight ahead of it as it tries to restore its name and win back public trust, and
with an answer.No such thing as a free lunchIt's hard to define what service Facebook truly offers, even for its CEO
It not only owns the world's largest social media network, but sells advertising space and, now, hardware such as the Oculus Rift VR headset
and it's seemingly delayed smart speakers.While the company may claim its main product is the social media site itself, it's not hard to
understand why Goldman's statement rings hollow.Strictly following the flow of money, Facebook's free social networking site is largely able
to make a profit through the collation and collection of user data, which is then supplied (usually indirectly) to advertisers in order to
post likely won't do much to change that perception.