Great news on the Facebook Privacy Front. Facebook has agreed to dismantle its Beacon Advertising System and to create an independent foundation that will focus on online privacy. This agreement will settle a class action suit that was brought against Facebook because its Beacon Program was collecting a large amount of data about the Internet activities of Facebook users and then broadcasting this information.
To Facebook users this program was like a "Peeping Tom" that would also inform others about your activities. The system was extremely difficult to opt out of it entirely and this problem rightfully frustrated many users.
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