IS FACEBOOK GOING TO START SOCIAL (MEDIA) CLEANSING ‘POOR PEOPLE’?

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Ah, Facebook. The social minefield we love to hate… or just avoid all together – but you’ve got to be pretty hipster for that, let’s be honest. How are you going to get invited to secret not-at-all-fake Ray Ban sales without it? I’ve chatted before about instances that you might think about unfriending someone and this week the news has thrown up another large spanner for you to mull over.

Faceache has just purchased a patent allowing it to sell off your friends list to banks. The new technology will allow lenders to look into your friend’s credit histories to help them judge whether or not you’re likely to pay back the money you borrow. GULP.

Read full article on The Debrief