US finalises Facebook settlement

THE US Federal Trade Commission has voted to finalise its settlement with Facebook, resolving charges the social network exposed details about users' lives without getting the required legal consent.

Facebook agreed on Friday to submit to US government audits of its privacy practices every other year for the next two decades.

The company also committed to getting explicit approval from users before changing the types of content it makes public.

The settlement, announced in November, is similar to agreements the FTC reached separately with Google and Myspace.

The FTC approved the settlement on Friday after a public comment period. It came a day after the FTC fined Google $US22.5 million ($21.4 million) to resolve allegations Google didn't comply with the earlier settlement.

Read more at the Australian.