Step one: Go to the "account" menu. Step two: privacy settings. From there, customize your content in one click, or, if you'd prefer, customize that content iten by item.
The change, it seems, comes from the top. Although our cameras were not allowed inside Facebook's announcement, CEO Mark Zuckerberg spoke outside company headquarters outside of the announcement, saying "Now, there's one control to use for all information on the site." He says you can protect whatever it is you want kept private "within a couple of clicks if that's what you want."
"The main thing we heard was, controls need to be simpler," Zuckerberg admitted. So, he and his staff got to work. "We hunkered down, and changed things, and we're announcing it and rolling it out today." Whether or not these changes are enough to keep upset users in the fold will play out in the coming days and weeks.
And as for a future Facebook IPO? Zuckerberg says there are no current plans to take his company public. Understandable. Maybe logging a few weeks without user complaints will give Facebook its mojo back.