Facebook's Mark Zuckerberg has just wrapped up a press conference, responding the massive criticism of Facebook's privacy practices. He has unveiled a simplified framework for controlling the "sharing" of personal information on the site.
Here's the official Facebook blog: Making Control Simple | Facebook.
CNet's Declan McCullagh live blogged the press conference here: Facebook event will outline 'simpler' privacy controls | Politics and Law - CNET News.
So did Business Insider's Nicholas Carlson: LIVE: Facebook Rolls Out New Privacy Options.