Facebook Backs Down From New TOS

By Hercules Kataveli, B2P
Published on Wednesday February 18, 2009 at 3:20 am ET
Updated 08-23-10, 2:42 pm ET

facebookFacebook has just announced the company is reverting back to its previous legal agreements from the new and highly controlling caveats introduced a couple of days ago that would have allowed Facebook to indefinitely store and use your data in any way it pleased. Facebook has now also introduced “Facebook Bill of Rights” which is simply a group for people to provide feedback and suggestions concerning the Facebook TOS. The Electronic Privacy Information Center EPIC was also close to filing a U.S. federal complaint with the FTC. Facebook founder Zuckerberg wrote in a new blog posting, “We concluded that returning to our previous terms was the right thing for now.”

tag TAGS: , ,
               
Short URL: https://business2press.com?p=1947
Recommended:
b2p Ensure that you follow us on Twitter and Like us on Facebook
Hercules holds a B.Comm Finance from Ryerson University in Toronto, Canada. He is a Chartered Financial Analyst (CFA) level 3 candidate. He was previously a contributor at FiLife, a finance website owned by Dow Jones and IAC. Write to [email protected]
checkmark
We are perfectly committed to the highest ethical and professional codes of conduct and standards in the industry on a firm wide basis. Learn more about us, our contributors, and our governance
b2p
We encourage you to comment. Comments are moderated. Comments that are abusive, off-topic, have marginal substance, or include promotional content will be removed. We cannot facilitate requests to edit or remove comments, or explain moderation decisions
  • http://www.coffeerama.com coffee

    Sadly, most people would not have looked closely enough to notice the change in Facebook's Terms of Service… apparently social networkers are doing a good job of looking out for each other

  • http://www.coffeerama.com coffee

    Sadly, most people would not have looked closely enough to notice the change in Facebook’s Terms of Service… apparently social networkers are doing a good job of looking out for each other

Business 2.0 Press publishes exclusive business tech news and analysis covering start-ups to large-caps from Bay & Wall streets since 2008 from a group of highly knowledgeable industry professionals that abide by the toughest industry codes of conduct and professional standards lightMore

lightAdd value by subscribing (RSS)

HEADLINES

FEATURED

logo
StockFractions.com has the most stock ratios for public companies. Get the most comprehensive micro insight on public firms available on the web, all for free.
Stock Fractionsgo

title
Colon cancer is one of the leading causes of death. Irrespective of family history, everyone is exposed to the risk. About 90% of colon cancer cases begin from non-cancerous tumors, polyps, which could form in the large bowel. Screening with a colonoscopy will painlessly remove any polyps hence almost entirely reducing your risk of developing the horrible disease. The good news is that about 90% of colon cancer cases are preventable through a simple (yes, simple) colonoscopy.
Learn moreatom
Public service message from Business 2.0 Press

Explore these sites