FTC announced last week that despite Myspace’s telling users that it will not share personally identifiable data with others; it gave advertisers “Friend ID” numbers of users. This enabled advertisers to search the users’ publicly available personal data such as full names and could even lead to discovery of their web activity. The terms of the settlement specified that Myspace is not going to misrepresent its privacy policies while implementing a comprehensive privacy program. In addition, the two parties agreed to a regular independent privacy audits every other year for 2 decades.