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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."

9 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 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.
  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. 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.

  4. 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.

  5. 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.
  6. 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.

  7. 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.