Facebook Said to Be in Talks With FTC Over Privacy Settings
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Facebook Inc. is in talks with the U.S. Federal Trade Commission to settle claims that it violated users’ privacy when it changed default privacy settings to disclose more information than was previously made public, according to a person familiar with the negotiations.
The proposed 20-year settlement would require Facebook to get express consent from users before sharing material posted under earlier, more restrictive terms, said the person, who declined to be identified because the settlement isn’t final. It would also compel an annual, independent review of Facebook’s privacy practices.