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Daily Dashboard | Google Updates Privacy Policy, Settles Buzz Suit Related reading: A view from Brussels: EDPS sends signal on data transfers 

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Google has reached an $8.5 million settlement in a class-action suit regarding its Buzz social-networking feature, PC Magazine reports. The agreement includes an acknowledgment that the company has addressed the privacy issues and the creation of a fund for "existing organizations focused on Internet privacy policy or privacy education," the report states. The settlement was released on the same day that the company announced it will simplify its privacy policies--cutting the length of the policies by 22 percent. "To be clear, we aren't changing any of our privacy practices," Google officials wrote in the company's official blog, noting "we want to make our policies more transparent and understandable." However, Marc Rotenberg of the Electronic Privacy Information Center is questioning whether the changes will be good for Google users. The revisions go into effect October 3.
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