Pete Cashmore Talks Facebook and Twitter Ads on Bloomberg

 By 
Jolie O'Dell
 on 
Pete Cashmore Talks Facebook and Twitter Ads on Bloomberg
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In the light of public and media scrutiny -- and growing user frustration -- Facebook has decided to roll out a simplified suite of privacy settings starting tomorrow. The company is also holding a briefing for Congressional staffers to explain what these changes mean and what the new tools will do in a way that both legislators and the citizens they represent can understand.

But Mashable founder and CEO Pete Cashmore isn't certain that Facebook's current measures will adequately address people's concerns. More changes to Facebook's "buttons and levers" might be just another complication for users to navigate.

Meanwhile, back at the Twitter ranch, the powers that be made the decision to ban advertisements from third-party apps. The move proved less than popular among most developers, some of whom had built Twitter-based ad networks that were rendered essentially useless with the new ban.

Twitter said it wanted to "protect the integrity of the stream;" Cashmore said the truth is that Twitter will be building its own ad network.

Have a look at this quick news brief from Cashmore on Bloomberg, and as always, let us know your opinions in the comments.

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