(Image Source: Spyder Trap)

BY CHARLES STANLEY

ANCHOR MEGAN MURPHY

You're watching multisource tech video news analysis from Newsy. 

It’s hot topic in the ever-changing social media landscape.  Who has my information? And what are they doing with it? Google plus – the newest platform – is getting both praise and criticism for its privacy setup.

For Google – its how do the privacy settings compare to Facebook and can it comepete? A contributor for Fortune says Google good job – so far.

"The company still wants users to share data for more personalized search results, but it's much easier to manage Google's privacy options than Facebook's. Reviews of Google+ mention its superior ability to manage personal data, better transparency on how that data is shared and the option to delete all your data.”

So - advantage Google. But what about those conservatives who refuse to share information with their real name?  Those that want to participate – but with a pseudonym. Well according to CNET – apparently that won’t fly.

"With Google+ and the Google Profiles service on which it relies, the company is trying to build a service without pseudonyms, anonymous cowards, or impersonation.”

According to Google CEO Eric Shmidt – the site is growing fast – and Google plans to generate revenue through the trusted Google way, most likely using your information.

“Early indications are that it is hugely successful, that people are clamoring for initiations for a closed beta, as we debug a few aspects of the service and make sure it can scale.  So far it looks like a great winner for us. Google plus itself is a platform that people will use as end users – that we will most likely monetize it through our traditional advertising models, and so you’ll see it in advertising revenue growth.”

So who is the big winner in the privacy push? So far – its tough to tell, and according to a writer for the Guardian – the push might generate a new market.

“What I'd like to see, and would support with my money, is a collection of open-source, community-driven, federated services that achieved the same goals without putting our data and content into the hands of a few large and increasingly powerful companies.”

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Transcript by Newsy.