Facebook and privacy

Via Andrea Matwyshyn - after the Canadian reforms and this, what next?

"A Look at the Facebook Privacy Class Action (Beacon) Settlement

Facebook announced on Friday that it settled the class action challenging its "Beacon" advertising program. [Inside Facebook; h/t Jim McCullagh on Twitter] You can access the key docs here: [pdf] (Settlement Agreement; Motion for Preliminary Approval).

Net result? Facebook establishes a privacy foundation funded with $9.5 million (or what's left of this amount after attorneys' fees, costs, and class claims are deducted). "