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 private, and then repeatedly allowing it to be shared and made public." Unlike this week's earlier $22.5 million FTC settlement with Google, Facebook does not face any financial penalties. Instead, the company will have to promise that it will give its users "clear and prominent notice" and get their consent before sharing their information beyond their privacy settings. In addition, Facebook will have to submit itself to biennial privacy audits for the next 20 years and maintain a "comprehensive privacy program."Source: http://feedproxy.google.com/~r/Techcrunch/~3/oFF3IrFJlWE/
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