I know that for you Facebook-having people, this is no big deal. You have resigned yourself to the idea of Facebook owning your data.
No, we haven’t all resigned ourselves to Facebook owning our data. But too many people have, or don’t understand why owning their data is important. So for the Facebook crowd, one more reason to own your data. Facebook wants to be the “one authentication service to rule them all”, and this is not a good thing because it means that should you choose not to have a Facebook account, you’ll lose access to other completely unrelated services. I’m picking on Facebook, but this would be just as bad if anyone else tried to do it. This is an example of social networks overstepping their bounds, and they wouldn’t be doing this if they didn’t know they have millions of users who will gladly log into whatever with their Facebook account because it’s perceived to be quick and convenient, turning over all their data, (including personal information), to a for-profit company that will gladly sell it to the highest bidder.