Social Media Newsfeed: Facebook Hoax | Twitter for iOS Update

Watch out for Facebook hoax claiming it owns your personal data. Twitter updates iOS app adding favorites animation. These stories, and more, in today's Morning Social Media Newsfeed.

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NewFacebookLogoDon’t Believe This Facebook Hoax! (CNNMoney)
A viral post claims that Facebook recently updated its terms of service to take ownership of all of your personal data — even if you delete your account. You can’t protect yourself from a site’s terms of service by claiming to be exempt — you agree to the terms by signing up for an account. But, more importantly, Facebook doesn’t claim to own your data.

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