Fox Business Explains Beacon: "People Will Know When You Search For Porn"

Tonight on Fox Business Channel, Cody Willard, Rebecca Gomez and Andy Levy discuss Facebook and Beacon. You must watch this video to learn about how Beacon works. Here are the highlights:

• Cody begins by botching the opening text he was provided on the teleprompter
• Andy is not on Facebook because he is "over 12"
• Andy doesn't get how Facebook is valued at $15B as it's a free service
• Andy believes the opt-out message should come from Will Smith and say "oh hell no"
• Rebecca explains that Facebook uses "cookies" to create Beacon and then explains about a guy who purchased a ring on Overstock and then all of his friends were notified and his wife knew about the holiday gift
• Rebecca further explains that if you surf for porn and find Debbie Does Dallas, your friends will now know you are a perv
• Andy says you have to be a better surfer and clear your cookies
• Rebecca Gomez always clears her Internet search history
• Finally Andy notes that Beacon is like Columbia House 12-for-1 cds back in the old days

Here is the video (yes, it's captured via an old tv, deal with it!):