Myspace settles U.S. FTC charges over privacy

Reuters News
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Posted: May 08, 2012 11:28 AM

WASHINGTON (Reuters) - The Myspace social network settled charges that it misled millions of users about sharing personal information with advertisers, the Federal Trade Commission said on Tuesday.

The FTC settlement bars Myspace, owned by digital media company Specific Media, from future privacy misrepresentations and requires 20 years of independent reviews.

(Reporting By Diane Bartz; Editing by Maureen Bavdek)