Facebook Settles Privacy Complaints of U.S. Regulator
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Facebook Inc., the world’s biggest social networking site, agreed to settle complaints by the Federal Trade Commission that it failed to protect users’ privacy or disclose how their data could be used.
The proposed 20-year agreement would require Palo Alto, California-based Facebook to get clear consent from users before sharing material posted under earlier, more restrictive terms, the FTC said today in a statement. It would also compel independent reviews of Facebook’s privacy practices.