Facebook Backpedals – New Coke Anyone?

On my Facebook page this morning:

Terms of Use Update
Over the past few days, we have received a lot of feedback about the new terms we posted two weeks ago. Because of this response, we have decided to return to our previous Terms of Use while we resolve the issues that people have raised. For more information, visit the Facebook Blog.

If you want to share your thoughts on what should be in the new terms, check out our group Facebook Bill of Rights and Responsibilities.

Reminds me of another bad idea that corporate execs didn’t think out — New Coke.

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