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Facebook co-founder and CEO Mark Zuckerberg says his company is sorry for acting too quickly.
Facebook plans to unveil a “drastically simplified” version of its privacy menu Wednesday to calm a storm of anger that ensued after the Palo Alto-based social networking site made a change to users privacy settings that potentially exposed some of their information to third-party advertisers.
The announcement came while Chris Cox, Facebook's vice president of product, was speaking on-stage at TechCrunch Disrupt, a technology conference currently going on in New York City. Despite making the announcement, he didn't elaborate on exactly what users would see come Wednesday.
Currently, Facebook users are forced to surf through 50 settings with more than 170 different options to keep their information from finding its way onto the web, according to the New York Times.