Facebook crushes car insurance slurp because – get this – it has privacy concerns

The "firstcarquote" service was launched by Admiral on Wednesday and is intended to offer new drivers the ability to save money on their insurance by downloading an app and allowing the company to review their social media posts.

"Protecting the privacy of the people on Facebook is of utmost importance to us," said a spokesperson with a straight face. "We have clear guidelines that prevent information being obtained from Facebook from being used to make decisions about eligibility."

Facebook's concern over its users' privacy will come as a surprise to many, given the web giant's long history of playing around with privacy settings, not to mention the fact that its entire business model is based on getting people to share as much information about themselves as possible so that their details can be used to offer targeted advertising to third parties.