Responding to criticism of the changes to its data use policy and statement of rights and responsibilities, announced last week, Facebook said it will delay the implementation of those changes.
The changes Facebook announced last week to its data use policy and statement of rights and responsibilities have drawn the ire of consumer privacy groups, as six of them sent a letter to the Federal Trade Commission Wednesday expressing concerns over the use of users’ personal data in advertising, The New York Times’ Bits blog reported.
You can’t get to 1.11 billion friends without spending a few dollars: Consumer Watchdog reported that the social network spent $2.45 million on lobbying efforts during the first quarter of 2013, up a whopping 277 percent from $650,000 in the year-earlier period.
Facebook is increasingly becoming a player in Washington, D.C., and not just because of social media’s influence on politics. MarketWatch reported Wednesday that Facebook spent $1.4 million on lobbying in the fiscal fourth quarter — a 314 percent increase from what it sent to politicians during the same time period in 2011.
The new terms for Facebook Credits, effective Friday, may have to ward off an attack by Consumer Watchdog, as the public-interest group filed a 28-page complaint with the Federal Trade Commission, claiming that the social network’s virtual currency stifles competition.