What We're Reading 5-1-12

CNN.com: Facebook clarifies changes to its terms of use
Facebook unveiled changes to its terms-of-use document on Friday, tweaking earlier drafts in an apparent effort to ease users' concerns about privacy and how their information is used.
ADWEEK: Ad Industry Rebrands Self-Regulatory Unit
New name emphasizes autonomy
Changing the name of an organization is often more internal politics than external policy. But in the case of the National Advertising Review Council—now known as the Advertising Self-Regulatory Council—the new name (and website [1]) is squarely aimed at the federal government.
The New York Times: Companies Raise Concerns Over Google Drive’s Privacy Protections
Updated Added more explanation from Google about the terms of service agreement. A number of companies are raising concerns about what Google says it can do with documents stored on the new Google Drive online storage service.
The Washington Post: Obama threatens to veto CISPA cybersecurity bill, citing privacy concerns
The White House threatened on Wednesday to veto cyber-legislation that is widely expected to pass the House this week, asserting that the bill would put Americans’ privacy at risk and give a pass to companies that fail to secure their computer networks.
The New York Times: European Regulator Warns Silicon Valley About Privacy
The European data protection supervisor, Peter Hustinx, on Thursday urged technology companies to “innovate” in the area of consumer privacy, saying that lawmakers on the continent would press ahead on a contentious proposed law that would, in part, compel companies to pare down the personal data kept in their digital vaults.