Thursday, June 18, 2009 / Companies / Technology - Facebook hit by privacy blow

Interesting times…

The European move marks the first attempt by regulators to address the “open” internet platforms that the social networks, led by Facebook, have rushed to create. By letting other applications ride on top of their systems, tapping into personal data about their members, the networks have sought both to tie in users for longer and create money-making opportunities.

However, regulators say tighter rules are needed to protect personal data given to these third-party developers. In particular, they believe developers should be subject to tough European Union privacy and data protection rules, even when the companies concerned are located far from Europe. / Companies / Technology - Facebook hit by privacy blow

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