"Facebook had made a bunch of mistakes" - Mark Zuckerberg

Facebook has recently agreed that, settlement with the FTC over charges that the social network had deceived its users about privacy. The FTC had accused Facebook in an eight-count complaint of not living up to its own promises. It all said by the CEO of Facebook, Mark Zuckerberg. It includes, sharing users’ personal information with third parties without their knowledge or consent, changing privacy practices without informing users, and claiming to have a program to verify the security of apps when it didn’t.

The terms of the settlement bar Facebook from is now making deceptive privacy claims.Facebook also agrees to obtain users’ permission before making any changes to the way the service shares their information. So it must submit to regular assessments from privacy auditors for a no less than 20 years.

“The most important thing is to ensure consumer privacy going forwred, and we believe this order does that, It will also allow Facebook to move on and create more services and features. Nothing in this order will prevent Facebook from innovating.” FTC Chairman Jon Leibowitz said in a conference call. It all was about the settlement.

Facebook CEO Mark Zuckerberg addressed the settlement in a statement. He said, "Facebook had proactively addressed the FTC’s complaints but that the company had made a bunch of mistakes.”