We hate to be the bearers of obvious news, but Facebook is making money off of your profile. Yes, even the new and improved and so far sort-of-confusing Timeline edition. How much money, you wonder? Lots of money.
In a lengthy guest post topped with an "Exclusive" alert and filled with bold-face type, an anonymous BetaBeat contributor described as "a former CTO who now does tech consulting for other start-up ventures and was briefed on Facebook's advertising strategy" offers what appears to be a very sensational claim: Facebook designed the Timeline not for you to tell your life story better but for advertisers to inject their brand messaging more aggressively into your life story for all your friends to see.
Read the full story at The Atlantic Wire.