US finalizes privacy settlement with Facebook
Well, Mark Zuckerberg is finally trying to make things right after admitting to a "bunch of mistakes" when dealing with user privacy on his juggernaut of a social network. The FTC and Facebook had agreed to settle the dispute in November, and now the final details of the deal have been ironed out. Noticeably missing from the list of concessions is cash. The government isn't asking Facebook to cough up any dough as part of the settlement -- avoiding the sort of hefty fine that Google recently found itself on the wrong end of. The company will, however, have drastically revamp how it handles user data and subject itself to privacy audits every two years. Customers will now be provided with "clear and prominent" warnings any time information is shared. And, before anything can be shared, users must give express consent to for that information to be distributed. Ideally, these measures would have been in place on day one, but we'll take what we can get at this point. For more details, check out the FTC's press
(AP) — The U.S. government has finalized its settlement with Facebook to resolve charges that the social network exposed details about users' lives without getting the required legal consent.
Fri 10 Aug 12 from Phys.org
Facebook settles with the Federal Trade Commission over "high profile mistakes."
Fri 10 Aug 12 from Arstechnica
Facebook and the FTC today finalized their earlier announced settlement over charges that Facebook had "deceived" its customers by "telling them they could keep their information on Facebook ...
Fri 10 Aug 12 from TechCrunch
The federal agency says that Facebook must now submit to biennial privacy audits and obtain users' express consent before sharing information. [Read more]
Fri 10 Aug 12 from CNET
FTC settles privacy settlement with Facebook sans Google-like fine, Fri 10 Aug 12 from CNET
The FTC has approved a settlement with Facebook after charging it with misleading users about how private their information would be kept. Facebook agreed to the changes ...
Fri 10 Aug 12 from The Verge
Well, Mark Zuckerberg is finally trying to make things right after admitting to a "bunch of mistakes" when dealing with user privacy on his juggernaut of a social network. The FTC and Facebook ...
Fri 10 Aug 12 from Engadget
Facebook will submit to government audits of its privacy practices.
Fri 10 Aug 12 from USA today
FTC Lets Facebook Off the Hook With No Fines for Repeatedly Deceiving Users About Privacy [Facebook]
The FTC has accepted a settlement over its allegation that it repeatedly misled its users about privacy. Facebook was accused of telling users ...
Fri 10 Aug 12 from Gizmodo
WASHINGTON (Reuters) - The Federal Trade Commission on Friday gave the final approval to a settlement of federal charges reached last year over Facebook Inc deceiving consumers and forcing them ...
Fri 10 Aug 12 from Reuters Technology