Its wrong. You can choose what info is shared by how you enter and then set your permissions. No Date on the Article but being they are talking about 350 Million Accounts tells us its several years old.
And once again, your wrong. hahahaha
January 11, 2010 10:24 AM
By pushing your personal information and conversation through activity updates fully into the public, Facebook is eliminating any integrity of context that these conversations would naturally have. Posted updates can be directed only to limited lists of Facebook contacts, like college buddies or work friends, but that option is buried under more public default options and much of a user’s activity on the site is not subject to that kind of option.
http://www.readwriteweb.com/archives/why_facebook_is_wrong_about_privacy.php
Had you looked you could see the actual date.
The fact is that privacy issues on FB are a real concerns to people who can think.
So once again, it is you who is wrong.