Will FTC force Facebook onto privacy straight and narrow?
After angering users with one privacy misstep after another, Facebook yesterday settled charges by the U.S. Federal Trade Commission (FTC) that it had deceived users and shared information it had told them would be private.
Now users and industry analysts are waiting to see if Facebook will correct its course on privacy matters or continue on with nothing more than a slight mark from its slap on the wrist.
"At Facebook, it appears that the culture there is privacy and consumer protection last. Instead it should be among the top priorities," said Zeus Kerravala, principal analyst with ZK Research. "Facebook would do themselves a favor by nipping this now. I hope they actually take security seriously now, but only time will tell. "History would indicate not," he said.