By H. Nelson Goodson
December 2, 2009
California - In an open letter on Tuesday to Facebook users, founder Mark Elliot Zuckerberg, 25, confirmed that Facebook has reached more than 350 million users worldwide and changes are coming within the next two weeks. The Facebook administrators will add more privacy settings for users to control who sees their content, information or uploads. Regional networks will be eliminated and replaced with a simpler network, Zuckerberg said.
Will the new changes include for Facebook to go public in 2010? Not now, according to executives at Facebook. Zuckerberg did not address or mentioned the public issue to users.
Facebook shares presently are valued at $10 billion, 1/3 lower compared to $15 billion in 2007.
Zuckerberg wrote the following statements in the Facebook blog and also posted it on every users home page, "Facebook has grown, some of these regional networks now have millions of members and we've concluded that this is no longer the best way for you to control your privacy. Almost 50 percent of all Facebook users are members of regional networks, so this is an important issue for us. If we can build a better system, then more than 100 million people will have even more control of their information.
The plan we've come up with is to remove regional networks completely and create a simpler model for privacy control where you can set content to be available to only your contacts.
We're adding something that many of you have asked for — the ability to control who see each individual piece of content you create or upload. In addition, we'll also be fulfilling request made by many of you to make the privacy settings page simpler by combining some settings."
Connected by MOTOBLUR™ on T-Mobile
December 2, 2009
California - In an open letter on Tuesday to Facebook users, founder Mark Elliot Zuckerberg, 25, confirmed that Facebook has reached more than 350 million users worldwide and changes are coming within the next two weeks. The Facebook administrators will add more privacy settings for users to control who sees their content, information or uploads. Regional networks will be eliminated and replaced with a simpler network, Zuckerberg said.
Will the new changes include for Facebook to go public in 2010? Not now, according to executives at Facebook. Zuckerberg did not address or mentioned the public issue to users.
Facebook shares presently are valued at $10 billion, 1/3 lower compared to $15 billion in 2007.
Zuckerberg wrote the following statements in the Facebook blog and also posted it on every users home page, "Facebook has grown, some of these regional networks now have millions of members and we've concluded that this is no longer the best way for you to control your privacy. Almost 50 percent of all Facebook users are members of regional networks, so this is an important issue for us. If we can build a better system, then more than 100 million people will have even more control of their information.
The plan we've come up with is to remove regional networks completely and create a simpler model for privacy control where you can set content to be available to only your contacts.
We're adding something that many of you have asked for — the ability to control who see each individual piece of content you create or upload. In addition, we'll also be fulfilling request made by many of you to make the privacy settings page simpler by combining some settings."
Connected by MOTOBLUR™ on T-Mobile
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