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Facebook Tests 'Want' Button To Hoard User Data, Save Its Stock Price

colinneagle writes with news that Facebook is beginning to roll out tests of "want" and "collect" buttons in an attempt to bring users and retailers closer together. "The company is working with Victoria's Secret, Pottery Barn, Michael Kors, Wayfair, Neiman Marcus, Fab.com and Smith Optics. The difference between 'liking' and 'wanting' would be like discovering the holy grail of datamining. Inside Facebook said that although the 'Want' button is different than the Want plugin that developer Tom Waddington noticed in June, the company may eventually offer it as a plugin. Unsurprisingly, Facebook wants to keep people on the site as opposed to leaving to visit Pinterest. Collections will offer retailers a Pinterest-like option to engage buyers, offer users a way to collect images, while also collecting even more data about users. For example, Facebook asks, 'Why are you collecting this?' Regardless of a user's answer, the wants and collects will surely be used to deliver targeted ads. Eventually, the Collections feature could help Facebook generate more revenue."

26 of 98 comments (clear)

  1. FUCK YOU by Anonymous Coward · · Score: 5, Funny

    Give me a fucking 'dislike' button already, you shitheads!

    1. Re:FUCK YOU by wierd_w · · Score: 4, Funny

      So, you should "want" images of your "dislike" button!

      2 birds, one stone!

    2. Re:FUCK YOU by Baloroth · · Score: 3, Insightful

      They never will, it'd cause way to much embarrassment. Oh, that company page you put up has 2 million dislikes? Oops, looks like a Facebook page was a bad idea. Yeah no, Facebook wouldn't do that to their bottom line. Interesting as it would be to see if you could "Dislike" Facebook itself...

      --
      "None can love freedom heartily, but good men; the rest love not freedom, but license." --John Milton
    3. Re:FUCK YOU by Yvanhoe · · Score: 4, Funny

      A designer I know handles strips of "dislike" stickers, to put on advertisements in the street. I have a roll in my bag...

      --
      The Wise adapts himself to the world. The Fool adapts the world to himself. Therefore, all progress depends on the Fool.
    4. Re:FUCK YOU by xSander · · Score: 2

      They don't have to enable dislikes by default... make it optional. Sometimes a "dislike" option is much more appropriate than a "like" button, like when you post bad news. That at least makes it more social.

  2. Re:Yay! by bored · · Score: 4, Insightful

    Clear your cookies and try from a different IP or browser. Google definitely appears to be doing "guilty by association" type functions where people sharing IP's get similar results.

  3. awesome by Osgeld · · Score: 3, Funny

    When this hits I am totally going to log in to a fake account and click want on dilldo's and refried beans, nothing else

    1. Re:awesome by wierd_w · · Score: 2

      Be sure to "want" penis enlargement *and* breast augmentation clinics as well.

      Throw in some prophalactic medication manufacturers for good measure.

    2. Re:awesome by game+kid · · Score: 3, Funny

      Oh I think you are on to something. If I join you and a bunch of others in Operation Dildo Want, we can finally convince Nintendo to make a WarioWare ShoveItUpYourAssGame for the WiiU (now that the old Wii's sun will soon set). Then, when Platinum Games gets wind of this, their horrified management will cancel their Bayonetta 2 exclusivity plan there, and they'll move it and the original to, say, Steam where I can buy 'em for the PC!

      ...what!? I can dream! About the games...and her butt...and they've been kinda talking about it too...

      --
      You can hold down the "B" button for continuous firing.
  4. Been using the fuck off button for a while now by siddesu · · Score: 4, Interesting

    It shows up on the blind spot of your retina when you install three plugins, noscript, ghostery and adblock. I see hardly any facebook anymore. Makes it very easy to avoid other crap sites, too.

  5. What's in it for me? by Nerdfest · · Score: 3, Insightful

    I don't mind trading some personal information for some services, but I don't see how helping FaceBook out on this by telling them what I want to buy helps me. If they can give me discounts, then perhaps, but I don't see that mentioned.

    1. Re:What's in it for me? by Sqr(twg) · · Score: 3, Insightful

      You didn't get paid to write that, and you did it anyway, just because you like to tell other people what you think.

      While /. comments are for people who like to tell others their opinions about nerd stuff, facebook posts are for people who like to tell others what they like, or what they had for breakfast. It's not that different really.

      I think the "want" buton might work well with fb's target demographic, but I'd still not buy any of their stock until it has dropped at least another 99.7 %.

  6. Save its stock price? by game+kid · · Score: 3, Insightful

    Save its stock price? Nah, I'm pretty sure that machinery served its purpose. Now Zuckerberg just needs to sell it off to Dewey Cheatam & Howe Capital LP, reap that private equity money from the middle- and lower-tier firings, and enjoy his *clears throat* well-earned retirement.

    This Want stuff is just to wring out a few remaining Dumb Fucks(tm), that their data may fund the Not-Yet-Fired for a little while more.

    --
    You can hold down the "B" button for continuous firing.
  7. the potential for hilarity is enormous by wierd_w · · Score: 3, Funny

    Imagine for a moment, the profoundly funny and silly trends that could run from clicking "want" on simple, stark statements, like:

    Privacy

    Responsibility in Industry and Politics

    Or even just silly stuff, "celebrities eating hotdogs"

    1. Re:the potential for hilarity is enormous by ukpyr · · Score: 2

      You rule!

      Lets assume they don't just blindly process wants somehow though. This is well beyond their abilities I'm sure, but you could try and figure out what is in a picture automatically. I would HOPE someone has some logic to weigh where the image came from, like a shopping site is a good clue it's useful whereas lolcats is not as useful.

      So to solve for that, go to amazon, find a unicorn mask and want it. Now make a shopping site that ties into amazon.com and want all the lowest margin items, or all the speciality items that no mass retailer regularly has in inventory. Tell your friends / bots! Now, my friend, you have a party.

      That's economic terrorism for great yucks, because it's all based around them sucking in the data voluntarily.

  8. And Then There's World Hunger by rueger · · Score: 4, Interesting

    Why anyone would care about the many ways that Facebook mistreats their data sources - ah, users - is beyond me. Unlike Google they never even bothered to pretend to be anything but money-grubbing capitalists with no problem whatsoever with Doing Evil.

    From day one their modus operandi has been to push things to the point where even their most loyal users rebel, then back off just enough to quell the noise. And then to repeat, moving the bar even lower with each step.

    Yeah I use Facebook, but I also am pretty picky about what information I leave on their servers. Judging by the utterly bizarre collection of ads that show up, I must be doing something right. Today they're promoting: Lord of the Rings Online; Fast and EZ Debt Reduction; Diamond Jewellery; Fitness Membership; Joint Pain Relief; and allegedly "luxury" Real estate, none of which are even remotely interesting to me. Google at least manages to place ads that I might click on.

    1. Re:And Then There's World Hunger by lister+king+of+smeg · · Score: 3, Funny

      i used to get similar results but that is because i marked all of the ads as "sexually explicit". for a while i didn't have any ads now i don't because of adblock and noscript

      --
      ---Saying gnome 3 is better than windows 8 not so much a compliment as it is damning with light praise.
  9. A strange game... by Gothmolly · · Score: 4, Insightful

    The only winning move is not to play.

    Is Facebook relevant anymore? It is starting to have that Myspace-like stink about it.

    --
    I want to delete my account but Slashdot doesn't allow it.
    1. Re:A strange game... by hsmith · · Score: 3

      It never was relevant

      Maybe not to you, but this is a blatantly stupid statement. It has a massive user base, of addicted people.

      I personally no longer use it, but it is stupid to say it is "irrelevant"

  10. No chance, FarceBook is doomed by gweihir · · Score: 2

    Zuckerberg and accomplices have known this for some time. The IPO timing and modalities were no accident at all. Now that their Ponzi-scheme is collapsing, they have some motive to slow down the collapse to be not too obvious, but that is it. This thing has no future at all as it lacks a viable business model.

    --
    Most ACs are not even worth the keystrokes to insult them. Be generically insulted by this and ignored otherwise.
  11. Facebook is building addictive habits by macwhizkid · · Score: 5, Interesting

    This probably is not well-known to people except those working in neuroscience/behavioral psych research, but "wanting" and "liking" are part of a drug addiction theory called incentive salience. The basic notion is that "liking" something is a momentary, pleasurable feeling of hedonism. It passes quickly, but it's powerful reinforcement that drives you to want that hedonic feeling. The "wanting" is where motivation and incentive comes into play to drive the craving for reward (be it drugs, food, whatever).

    Think about it: what's the last time you ate a cheeseburger? Do you have a vivid memory of it? Probably not.

    But do you want a cheeseburger? Especially one with cheese, bacon, medium rare, fries on the side... mmm...

    Anyway, the theory explains why addiction persists and drug abusers fall back into old habits, even when they've been clean for years. Salient cues are too much to ignore (a needle, a bus stop they used to meet their dealer, etc). The theory works with rats getting drugs, food, sex... No reason it can't be applied to website visitors too.

  12. What I "want"... by CohibaVancouver · · Score: 2

    What I "want" is a powerful database that can search for specialty products *in stock* at local brick and mortars. I want a pair of brown leather closed toe, closed heel sandals, brown leather, size 11.5. Who has them in stock in a store a 30km radius from me? It's Sunday and I want an 8-port gigabit hub *now* - I'm prepared to pay up to $50. Where can I go get one? In the city where I live (Vancouver, Canada) these types of searches are impossible.

  13. Planted Likes? by mjwx · · Score: 2

    I've been suspicious ever since I saw my sister "Like" Unibet and TomWaterhouse (betting sites) and I know for a fact my sister doesn't gamble (motgage and kid, she doesn't have the cash) and when my tea totalling mate liked Johny Walker (hes also a bit of a hipster so if he did drink he'd drink some obscure brand of whiskey made by Scottish virgins that you've never heard of).

    So I think that Facebook is inserting these "likes" on the behest of advertisers.

    My Facebook Friend list is the same as my real friend list (I dont add any Tom, Dick or Harry that I've met somewhere, at some point in my life) so I notice when things are out of character for them.

    --
    Calling someone a "hater" only means you can not rationally rebut their argument.
  14. My new antisocial network by russotto · · Score: 5, Funny

    Has no Like, +1, or Want button. It does have "-1", "Dislike" and "Do Not Want". If you were to post something, it would delete your post and insult you. However, it doesn't matter because it doesn't accept registrations (either gives server down errors or captchas with symbols not in unicode), so it's all academic anyway.

  15. Re:At what point... by JaredOfEuropa · · Score: 3, Insightful

    Never. They will not show you exactly what you want, but will make (hopefully increasingly better) guesses at what stuff you don't know about but might want. You "want"ed an iPhone? It won't show you more iPhones, but might show you accessories for it, or perhaps an ad for an Android phone trying to convince you that this is the better choice.

    --
    If construction was anything like programming, an incorrectly fitted lock would bring down the entire building...
  16. Spock's wisdom holds true.... by RevWaldo · · Score: 2

    After a time, you may find that having is not so pleasing a thing, after all, as wanting. It is not logical, but it is often true.

    .