Monday, December 03, 2012

Facebook Users to Vote on Privacy Practices

Dec. 3 (Bloomberg) - Facebook Inc. is letting users vote on whether they should get to cast ballots before future changes to policies for privacy and data-collection, following pressure
from regulators to improve transparency.
More than 30 percent of the company’s more than 1 billion members need to vote in favor of retaining their voting rights for Facebook to continue the practice, the Menlo Park, California-based company said in a post on its website. If that threshold isn’t met, Facebook said it would be non-binding.


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