Facebook to finance ‘online privacy’ fund
p2pnet view P2P | Advertising:- Privacy pirate Fa$ebook is to pay for a ‘digital trust fund’ with more than $6 million in grants to organizations that study online privacy.
But it’s not doing so out of the goodness of its heart.
Rather, “a San Jose federal judge has approved a $9.5-million settlement of a class-action lawsuit over social networking site Facebook’s program Beacon that published what users were buying”, says the Los Angeles Times.
As is traditional with corporate entities caught red-handed, the social advertising site “denied any wrongdoing” but “agreed to end the Beacon program last November”, says the story, adding:
“Over the objections of privacy advocates, Facebook will have a seat on the fund’s three-member board.”
The board comprises Chris Jay Hoofnagle, who heads the Berkeley Center for Law & Technology; Tim Sparapani, Facebook’s public policy director; and writer Larry Magid.”
..… and identi.ca
First they ignore you, then they laugh at you, then they fight you, then you win ~ Mahatma Gandhi
Los Angeles Times – Federal judge approves Facebook ‘Beacon’ class-action settlement, March 17, 2010
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March 19th, 2010 at 2:06 pm
Astroturf alert!