Facebook Denies 'All wrong doing" in "Beacon' Data Breach
Posted by Marisol Martinez in Blockbuster, Facebook, Internet Privacy, Overstock, Privacy, Social networking
Facebook is refuting it illegally breached the privacy of its users in a proposed $9.5 million dollar settlement.According to this class action filed against facebook, the program that monitors and publishes what users do on the social networking site is accused of sharing what users were buying and renting from Blockbuster, Overstock and other vendors.Facebook's 'Beacon' program is accused of breaching the federal wiretap and video rental laws. Facebook is trying to tone down bad publicity by establishing a "Digital Trust Fund" that would issue more than 6 million dollars in grants to organizations that are studying privacy issues. This act by facebook is raising many concerns since they will be on the 3 member board and would decide on allocation of funds. To read more of this article click here.