Apple cofounder Steve Wozniak has formally deactivated his Facebook account. In an email interview with USA Today, Wozniak wrote that he was no longer satisfied with Facebook, knowing that it makes money off of user data. “The profits are all based on the user’s info, but the users get none of the profits back,” he wrote. “Apple makes its money off of good products, not off of you. As they say, with Facebook, you are the product.” Ars Technica reports: His Sunday announcement to his Facebook followers came just ahead of Facebook CEO Mark Zuckerberg’s scheduled testimony before Congress on Tuesday. The CEO is also reportedly set to meet with members of Congress privately on Monday. Wozniak wrote that Facebook had “brought me more negatives than positives.” Still, when Wozniak tried to change some of his privacy settings in the aftermath of Cambridge Analytica, he said he was “surprised” to find out how many categories for ads he had to remove. “I did not feel that this is what people want done to them,” added Wozniak. “Ads and spam are bad things these days and there are no controls over them. Or transparency.”

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Source: Slashdot – Steve Wozniak Drops Facebook: ‘The Profits Are All Based On the User’s Info’