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Facebook Settles with FTC Over Privacy Concerns, Agrees to 20 Years of Audits

The U.S. Federal Trade Commission (FTC) today announced that Facebook has agreed to settle the FTC’s charges that “it deceived consumers by telling them they could keep their information on Facebook private, and then repeatedly allowing it to be shared and made public.” As part of this settlement, Facebook has agreed to biennial third-party privacy audits…