Let us focus on this part of your statement so you can understand it. "CAN be very open'" Note you didn't say/ IS very open.
Why is this because the article states nothing more than IF you share embarrassing info On Facebook it can be used against you. But that goes for everything OUTSIDE of Facebook also. see the Key word here is "IF" and this is the point you gloss over.
Facebook allows you to chose who you SHARE your info with and exactly what info is shared . Its not an all or nothing prospect.
the Same thing goes with you cellphone. "IF" you take a picture of yourself mooning someone and you share it via a text message it can be used against you.
If you give a naked picture of yourself to someone else they can use it against you. Whether it be on Facebook or on your front porch. Facebook allows you to choose if you want to share such info or not. There is nothing new and sinister here you do understand that don't you Sparky?
Facebook Will Disappear in 5 to 8 Years: Analyst
CNBC ^ | 6/4/12 | Cadie Thompson
Posted on Monday, June 04, 2012 10:51:13 PM by Lmo56
Jackson’s comments on the future of the social network come at a time when Facebook’s stock is down about 27 percent from its IPO price of $38 a share, making it the biggest two-week loss of any IPO since 1995.
http://www.freerepublic.com/focus/f-news/2891613/posts
It is the sound of FB stock crashing.
LOL!
The entire issue about FB is sharing your life with others.
FB is saving that data.
No nothing sinister, just more information the Government has access to, that FB provided for them-sparky.