Facebook facing 20 years of privacy audits: report

Facebook will agree to independent privacy audits for 20 years under a proposed settlement with US regulators over changes to its privacy settings, The Wall Street Journal reported.

The newspaper, quoting people familiar with the situation, said the proposed settlement is awaiting final approval from the commissioners of the US Federal Trade Commission (FTC).

The Journal said the settlement stems from an investigation into charges made by privacy groups in December 2009 that Facebook engaged in deceptive behavior when changing its privacy settings.   Full Read