The latest news from Facebook is that they are turning your phone into a permanent tracking device so they can sell your whereabouts to any organization or person they choose, regardless of whether you’ve turned anything on or off. Unlike other services such as Foursquare or Google’s Latitude, you won’t be choosing what to share or when. Facebook, which bought Gowalla — a Foursquare competitor — a couple years ago, is putting the finishing touches on a service that will sell your exact GPS coordinates at any time, regardless of any choice you make.
Here are two articles with more details:
From Bloomberg: Facebook’s data-use policy tells users that the company may use information on location “to tell you and your friends about people or events nearby, or offer deals to you that you might be interested in.” The company said it may also put together data “to serve you ads that might be more relevant. When we get your GPS location, we put it together with other location information we have about you (like your current city)”.