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August 13th, 2012
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FTC finalizes privacy settlement with Facebook

The Federal Trade Commission voted August 10 to finalize its settlement with Facebook, resolving charges that the social network exposed details about users’ lives without getting the required legal consent, the Associated Press reports. Facebook Inc. agreed to submit to government audits of its privacy practices every other year for the next two decades. The company also committed to getting explicit approval from users before changing the types of content it makes public. The settlement, announced in November, is similar to agreements the FTC reached separately with Google Inc. and Myspace…

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