The Federal Trade Commission is in the midst of negotiating a settlement with Facebook that would require the company to strengthen its privacy practices by creating new privacy-focused positions at the company, according to a new report from Politico.
The deal isn’t final, and the provisions of the settlement won’t be official until the FTC formally announces it. According to reports, Facebook has agreed to create a new privacy oversight committee that may include Facebook board members. Mark Zuckerberg may also take on a new role as the “designated compliance officer.” This would make him personally responsible for how Facebook upholds user data privacy.
The privacy committee would meet quarterly and review Facebook’s privacy…
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