Facebook Agrees to Address EU's Concerns About Its Terms of Service

Facebook Inc. has bowed to demands from European Union regulators to change what the bloc had called misleading terms of service, the latest example of efforts by governments globally to exercise more control over tech firms. The European Commission, the EU’s executive arm, said that the company has agreed to address a list of outstanding concerns that the commission and a group of national consumer-protection authorities had articulated about the terms of service for Facebook users.