Facebook clarifies changes to its terms of use

by cnn.com

Image representing Facebook as depicted in Cru...

(CNN) — Facebook unveiled changes to its terms-of-use document on Friday, tweaking earlier drafts in an apparent effort to ease users’ concerns about privacy and how their information is used.

The proposed changes to the networking giant’s Statement of Rights and Responsibilities come after the plan was opened up for user comments last month, and just weeks before Facebook is expected to go public in a stock offering some expect could value the company at $100 billion.

Front and center in the announcement was an effort to explain that the way Facebook collects and shares data is not being changed.

“Some of our users and a number of journalists mistook the proposed update to our SRR for changes to the way we collect or use data,” Facebook said in a post on the site. “Our Data Use Policy (which used to be called our privacy policy) governs how we collect and use data. We are not proposing any updates to that document at this time.”

Little has slowed Facebook’s ascent to the top of the social-media world. What began as a dorm-room project for Mark Zuckerberg and his Harvard classmates grew into a phenomenon that has amassed more than 800 million active users.

But if Facebook has had an Achilles heel, it’s been concerns about how user data is used.

Read more…

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About smartspending5

I am business-minded college student who has a heart for helping others attain emotional independence and psychological stability. My background lies in Broadcasting, network marketing, and Human Services. I believe that crises and extreme stress is necessary for one to grow and figure out what matters in life (Tony Robbins). This keeps me going when frustrations arise in my business. View all posts by smartspending5

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