Facebook nears settlement with FTC on privacy opt-in

The settlement addresses charges that the company misled users about how it would use their personal information. Facebook would be required to obtain user consent before making “material retroactive changes” but wouldn’t have to change current policies. I really hope I get feedback on this one, because honestly, I don’t know if I’m reading the proposed settlement correctly, but it seems like this won’t change much of FB’s current egregious practices. Tell me if I’m wrong. And of course, read the full story on Naked Security.

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