Facebook will update its terms of service for the first time in 3 years

Facebook is developing a new privacy and data policy it wants you to agree to. And in a twist, it's actively seeking your feedback about the changes.

The social network plans to update its terms of service agreement for the first time in more than three years, the company announced Wednesday. Facebook will also update its data policy in an effort to allay users' privacy concerns. For the next week, users can submit feedback in the form of questions, suggestions, or comments via the company's Help Center.

The new polices come just after Facebook announced that CEO Mark Zuckerberg will testify on data privacy before the House Energy and Commerce Committee next week.  Read more...