I don't know anything about it, but how is it known that this is not the case with Snapchat as well? (I realize you're not the OP in this comment chain, but still.)
I assume it is the case with Snapchat, I don't think you can build a service at that scale without collecting some kind of data.
The difference, I think is two-fold. We know that Facebook collects, analyses and keeps data and when you use Facebook it feels like it. The other difference is that Snapchat doesn't use that data to make a people or thing recommendation engine, which is what turns people off about Facebook.
It's more about that Facebook content is forever. Users know others can see their post years later, causing people to be less willing to use the network.