Wednesday, November 30, 2011

F.T.C. Settles Privacy Issue at Facebook - NYTimes.com

More IPO on-ramp work at Facebook

The order comes amid growing speculation about Facebook’s preparations for an initial public offering, which could be valued at more than $100 billion. The settlement with the F.T.C., analysts say, could potentially ease investors’ concerns about government regulation by holding the company to a clear set of privacy prescriptions.

“When you have an I.P.O. you don’t want investors to be skeptical or jittery,” said Ryan Calo, who leads privacy research at the Center for Internet and Society at Stanford Law School. “In order for you to be as valuable as possible, you want to make sure the seas are calm. This calms the seas.”

F.T.C. Settles Privacy Issue at Facebook - NYTimes.com

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