Excerpt from:  FAS Talk
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February 18, 2009

Facebook backs down, reverses on user information policy

Another example of the power of social media

From CNN.com:

"Under fire from tens of thousands of users, the social networking site Facebook said early Wednesday it is reverting to its old policy on user information -- for now."

Just as with the Motrin Moms, the Facebook TOS debacle illustrates how powerful social media can be.

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Comments
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What everyone missed about the Facebook fiasco

Yea, I missed it too...

Thanks to Ben Kunz for pointing out the most important angle of the whole Fasebook TOS fiasco.  As Ben clearly explains in a blog post, Facebook is not really after your content as much at it is after you--your identity, demographics, relationships.  This information represents a goldmine of opportunity for future marketers.

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