For a company less than ten years old, Facebook has developed some surprisingly sophisticated ways to sell your information to advertisers.

Each time you Like a band, book, restaurant or service, Facebook uses that information to tailor ads that would appeal to you. Now the company is helping its advertisers tune into your external Internet behavior as well.

According to a Bloomberg report Wednesday, a new service called Facebook Exchange will allow advertisers to target users based on their browsing history.

Your computer already remembers your history via cookies. The Facebook Exchange program will place cookies on third-party sites, usually when a user has shown an intent to buy.

Click here for the full article: Facebook to Let Advertisers Bid on Ads Using Your Browser Data.

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