Facebook has given up on the controversial new terms of service and goe back to the old one:

Well, that was pretty fast. Facebook has reverted to its prior terms of service -- due to a backlash from some users, media outlets and privacy groups -- while it works out a new version.

The funny thing about being a community driven company is that you have to pay heed to the community. Facebook realized that, and did the right thing here. MInd you, "the right thing" means that they listened, and realized that they have to be more transparent about this kind of thing in the future. There's a lesson there for all of us.

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