Friday, August 10, 2012

FTC finalizes privacy settlement with Facebook


NEW YORK — The Federal Trade Commission (FTC) voted Friday to finalize its settlement with Facebook, resolving charges that the social network exposed details about users' lives without getting the required legal consent.
Facebook agreed to submit to government audits of its privacy practices every other year for the next two decades. The company also committed to getting explicit approval from users before changing the types of content it makes public.
The settlement, announced in November, is similar to agreements the FTC reached separately with Google and Myspace.
The FTC approved the settlement Friday after a public-comment period. It came a day after the FTC fined Google $22.5 million to resolve allegations that Google didn't comply with the earlier settlement. more

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