Mark Zuckerberg: “There is a very common misconception about Facebook that we sell data to advertisers. And we do not sell data to advertisers.” Sen. Cornyn: “You clearly rent it.” Zuckerberg: “We allow advertisers to tell us who they want to reach and we do the placement.”

Mark Zuckerberg: "There is a very common misconception about Facebook that we sell data to advertisers. And we do not sell data to advertisers."
Sen. Cornyn: "You clearly rent it."
Zuckerberg: "We allow advertisers to tell us who they want to reach and we do the placement." pic.twitter.com/MZwGzDpjqy

— CBS News (@CBSNews) April 10, 2018

Source: Twitter