Facebook has settled its privacy case with the Federal Trade Commission, which has been ongoing since 2009. The case stems from a change in Facebook’s privacy settings that year that made once private info public without warning. The company isn’t paying anything as part of the settlement, but, like Google, which settled its own privacy case, must have its privacy standards assessed by an outside group for the next 20 years and requires the social network to get the OK from people before it makes changes.
And the FTC really put its foot down with this mandate: “The proposed settlement bars Facebook from making any further deceptive privacy claims.” You can’t break the law again Facebook! Or else! (They typed the “or else” really hard on the keyboard for emphasis.)