The Federal Trade Commission has reached a settlement with the social networking service Myspace over charges that Myspace allowed advertisers to access personally-identifying information after promising to keep such information private. Advertisers were able to access the unique "Friend ID" of users and link this identifier to other personal information. The settlement requires Myspace to implement a comprehensive privacy program, submit to independent audits, and refrain from privacy misrepresentations. For more information, see EPIC: Federal Trade Commission and EPIC: Social Networking Privacy.
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by Ryan Calo, A. Michael Froomkin,