According to an eSecurity Planet story Facebook is moving once again to overhaul its privacy policies to give users greater control and understanding about how their information is shared.
In a blog post late Tuesday night, Facebook co-founder and CEO Mark Zuckerberg said the company is abandoning its regional networks, the groupings of users devised by where they live, that had guided the company's approach to privacy.
Under the previous model, a user's information was shared by default with other members of his network, be it a school, club, city, or even a country.
Zuckerberg said that in the next two weeks, Facebook will phase out the network approach and prompt users to review their privacy settings.
The reason given? Facebook's growth continues unabated, making the regional networks too unwieldy to guide its privacy model for individual users, Zuckerberg said, taking the occasion to note that Facebook has now signed up more than 350 million users.
Read the full report at eSecurity Planet .