Facebook has revised its privacy policy and when you now log into Facebook you get a screen prompting you to check your privacy settings.
You then will be taken to your privacy settings page where you choose how you want your profile to be viewed and by whom. Now what does this changes mean to you?
- You can now control who can see every post you share, from status updates to photo albums.
- Regional networks (like London or Australia) have been removed.
- A common set of information for all users is now publicly available.
- Facebook-enhanced applications and websites now have access to a limited set of information when you use and interact with them: your publicly available information and information you’ve made visible to Everyone
- No changes whatsoever to ads on Facebook. We do not give—and have never given—anyone’s data or personally identifiable information to advertisers.
This only can be a good thing for users to not reveal too much to unwanted people and to protect yourself. But is this something to work in favour of facebook for future enhancements or acquisitions? 
Source : Facebook
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