As per the revisions, Meta “is not collecting, using, or sharing your data in new ways based on this policy update,” and “we still do not sell your information.” Instead, this update clarifies the terminology and includes examples to assist people in grasping what each part is all about.
Meta has made attempts to make its policies clearer and easier to read on many occasions in the previous few years (as an example, take the period between 2014 and 2018), and this layout may do the best job thus far, but it may help Meta more than it helps consumers comprehend what they’re consenting to. Including examples helps avoid misunderstandings and misinterpretations of regulations, such as the issue with Instagram’s terms of service modification in 2012, when users feared the service would start selling everyone’s images.
In addition, Meta is launching new Audience Controls on Facebook, which allow you to choose who sees your posts. The tool used to default to the last audience setting you used, whether it was Public, Friends (+ friends of anybody tagged), Only Me, or a custom list of people you wanted to see or hide the post from. However, now, whatever your default selection in your preferences, it will be there at the start of every new post you create, even if you used something else previously.