Online privacy means business

With more people becoming concerned about online privacy issue it was easy to see that the money will follow. One of the companies that has been involved in protecting people’s online privacy is the people behind

The company recently announced that they have closed another round of venture capital funding to the tune of $41 million of new funding. That raises the total amount of funding received from VC money to $65 million. The company says that this round of funding was oversubscribed so that is a good sign that people are interested in this type of business model.

The company obviously has plans to expand because they currently have over 100 positions that they are looking to fill. they currently have over 150 employees.

Does facebook get it?

Online privacy. People actually want it. They expect it. It does not matter what your terms of service has buried in the small text. People really do not want all their information spread out to whomever wants to buy it through ad servers.

Facebook is different that many online privacy issues because people but in lots of details into the Facebook profiles. Plus their online posts can reveal plenty about themselves.

Facebook now says they will make their privacy settings easier to use. the current set up obviously does not work for many people simply because they do not know how to use it. Plus some people would never expect all that information to be available. Hopefully the new facebook privacy settings will keep everyone happy and secure.

Your online live is an Openbook

Those folks at Facebook just love to leave the privacy door open. A new website called shows you hundreds of facebook users info simply by typing in some terms.

Wondering who cheated on a test or who hates their boss. Simply type those terms into the search box and they will pull information from Facebook and show you people who have those terms in their updates.

Well the folks at Facebook will say hey its not our fault that people have their accounts set up wrong. But really privacy settings should be backwards set up. You should have maximum privacy by default.

The website is getting plenty of exposure so hopefully people will see the potential privacy issues and correct their settings.