MySpace Settles With FTC On Privacy

Once high flying social networking site MySpace--now a unit of Specific Media--has agreed to settle with the Federal Trade Commission (FTC) over privacy issues, according to the FTC. The FTC said that MySpace agreed to settle charges that it misrepresented its protection of users' personal information, including using users' age, gender, and other information to customize ads for users, including providing advertisers with the Friend ID of users who were viewing particular pages on the site. Among other parts of the settlement, the FTC said that MySpace will be required to obtain biennial assessments of its privacy program by independent, third-party auditors for 20 years.