Privacy on the Interent

With each new technology, we are faced with both positive and negative consequences. Taking a look at the internet, we ask ourselves, does privacy exist on the web? Sure, we can protect ourselves from certain things on the web, but from everything? Do cookies help us, or save our information so other users can get to it? When using the applications on the I phone, does it allow a third part access to your information?
Everyday people use networking sites to socialize and network. Lets take a look at Facebook. Facebook is a social networking site, among others, that has more than 350 million active users. Although this site owned by Facebook, third parties play a role in the making of the site. With the addition of new applications to ones wall on Facebook, it enables the owner of that application to gain access to your profile, friends, and even information about you. Although the Terms of Use agreement on Facebook does not allow the application owners to do that, there is no way to stop this from happening. So now the important question is, what happens with the information that the third party has gained?