Facebook To Reveal New Privacy Settings Today

From CRN: Facebook today is expected to reveal new, simplified privacy settings to its nearly 500 million users. The company has planned a conference call with reporters for 1:30 p.m. eastern to highlight some of the changes, several reports indicate.

The concern over Facebook's privacy settings, which have created a public outcry over who can control information and where information posted on Facebook can be found and accessed, prompted Facebook CEO Mark Zuckerberg to write in an editorial in The Washington Post in a bid to calm consumers.

"We have heard the feedback. There needs to be a simpler way to control your information. In the coming weeks, we will add privacy controls that are much simpler to use. We will also give you an easy way to turn off all third-party services. We are working hard to make these changes available as soon as possible. We hope you'll be pleased with the result o four work and, as always, we'll be eager to get your feedback," Zuckerberg wrote in the editorial, in which he promised simpler security settings.

Zuckerberg also tried to reassure Facebook users that the social networking giant doesn't share information with advertisers or sell user information to third parties.

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