Facebook has to like its easy privacy settlement from the FTC

The Federal Trade Commission has resolved the Facebook privacy settlement by making the social network promise to never ever share information beyond privacy settings again (or like, at least ask you first). The FTC also ruled the company will be subject to biennial privacy audits by an independent third party, a slap on the wrist compared to the $22.5 million the FTC fined Google for similar discrepancies in a ruling made only a day before. AND Facebook didn’t have to even admit any wrongdoing. Pretty sweet news for Marky-Z! Put those little blue thumbs way up, Facebook — you have to like this settlement. [Source]

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