Facebook ads: This is how the company uses your data for targeting – Recode

Targeted advertising is big business for Facebook. The company reported advertising revenue of $40 billion last year, and it’s only going to keep growing. Given the company’s recent privacy issues involving Cambridge Analytica, a third party data firm that got its hands on personal data for as many as 87 million Facebook users without their permission, we thought it might be helpful to take a closer look at how Facebook uses your data to make money.
— Read on www.recode.net/2018/4/11/17177842/facebook-advertising-ads-explained-mark-zuckerberg