Facebook Revamps Privacy Settings

Facebook users may be in for a rude awakening this week following a revamp of privacy settings that prompts them to post their status updates and personal information directly to the internet for everyone to see.

The privacy overhaul, which is intended to give users more control over who sees the information they post on their personal pages, suggests users publish posts and personal information, such as work and education, to everyone, as the social networking company responds to competition from Twitter.

Facebook users will be presented with a transition tool that explains the changes and gives them an option to update their settings according to Facebook's recommendations, or to preserve their existing settings

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