According to Reuters, the world’s largest social networking giant Facebook has promised to release more information in lieu of maintaining respect of privacy laws about the data it collects from millions of users. During the six-hour meeting with the europe-v-facebook.org group in Vienna on Monday, Facebook officials pledged more openness.
The group led by Max Schrems, a law student in Vienna stated, “We have a fixed commitment that we will finally know what Facebook stores in the background that means a list of all categories of data that are clicked on by users” – the group earlier has filed 22 complaints against the social network giant over the allegations that the network gathers personal data.
Facebook, which is expected to value the company at up-par to $100 billion with its IPO, released a statement citing “a very constructive meeting” with him and a colleague. “Facebook is committed to resolving the complaints it has received through the Office of the Irish Data Protection Commissioner and this meeting is a helpful part of that process,” it said. It had already started an “extensive program of privacy improvements,” it added.