The US government has finalised its
settlement with Facebook to resolve charges that the social network exposed details about users' lives without getting the required legal consent.
Facebook Inc didn't admit wrongdoing, but agreed to submit to
government audits of its privacy practices every other year for the next two decades. The company committed to getting explicit approval from users a process known as "opting in" before changing the types of content it makes public.
The settlement, announced in November, is similar to agreements the Federal Trade Commission (FTC) reached separately with Google Inc and Myspace.
The FTC approved the settlement today after a public comment period. It comes a day after the FTC fined Google $22.5 million to resolve allegations that Google didn't comply with the earlier settlement.
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