Facebook will now pay adults to gather their data

Facebook today announced a new app called Study, that will collect your data in exchange for cash.The social network said it will use this data to “helps us learn which apps people value and how they’re used” and understand the community to improve its fleet of apps. You’ll also have to have a PayPal account in order to receive payments.Facebook said that with this program, it’s providing better transparency and security for your data:We’ve learned that what people expect when they sign up to participate in market research has changed, and we’ve built this app to match those expectations. Plus, it’ll periodically remind users that they’re part of the data collection program, so they can change the permissions it uses, or opt out if they no longer wish to participate.The company’s product manager, Sagee Ben-Zedeff, assured users that Facebook won’t sell any of the data to third parties, or use it for ad targeting.