Facebook will shut down Beacon to settle lawsuit - PC World

Facebook has agreed to shut down its much maligned Beacon advertising system in order to settle a class-action lawsuit.

The lawsuit, filed in August of last year, alleged that Facebook and its Beacon affiliates like Blockbuster and Overstock.com violated a series of laws, including the Electronic Communications Privacy Act, the Video Privacy Protection Act, the California Consumer Legal Remedies Act and the California Computer Crime Law...