The settlement with the U.S. Federal Trade Commission (FTC) would mean Facebook would have to record its privacy-related decisions and what it does to anticipate potential issues. The company would also more thoroughly monitor third-party app developers on its platform. (Washington Post)

Talking point: The proposed concessions are meant to end the federal probe launched into Facebook after the company allegedly abused user privacy on multiple occasions over the past year. They would also come with a multibillion-dollar fine from the FTC. The settlement would mean a significant change in how Facebook thinks about user privacy—something the firm’s own CEO, Mark Zuckberg, hinted at during its F8 conference Tuesday. In Canada, Facebook hasn’t been quite so deferential. Federal privacy commissioner Daniel Therrien is planning to take the company to court after it did not agree with the findings or recommendations of a recent investigation.