Is Facebook stalking you to suggest new friends?

Facebook stalks you and uses your phone’s location to suggest new people you could befriend. (Reuters) Ever surprised by finding a person whose face you remember but not the name until the “People you may know” feature on Facebook told you about him/her? This is probably because Facebook stalked you and used your phone’s location to suggest new people you could befriend.
The accuracy that this feature shows has surprised as well as disturbed Facebook users for some time