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"Yahoo is now part of Oath and there is a new Privacy and Terms contract..." warns long-time Slashdot reader DigitalLogic. CNET reports: Oath notes that it has the right to read your emails, instant messages, posts, photos and even look at your message attachments. And it might share that data with parent company Verizon, too... When you dig further into Oath's policy about what it might do with your words, photos, and attachments, the company clarifies that it's utilizing automated systems that help the company with security, research and providing targeted ads -- and that those automated systems should strip out personally identifying information before letting any humans look at your data. But there are no explicit guarantees on that.
The update also warns that Oath is now "linking your activity on other sites and apps with information we have about you, and providing anonymized and/or aggregated reports to other parties regarding user trends." For example, Oath "may analyze user content around certain interactions with financial institutions," and "leverages information financial institutions are allowed to send over email."

Oath does offer a "Privacy Controls" page which includes a "legacy" AOL link letting you opt-out of internet-based advertising that's been targeted "based on your online activities" -- but it appears to be functioning sporadically.

CNET also reports that now Yahoo users are agreeing to a class-action waiver and mutual arbitration. "What it means is if you don't like what the company does with your data, you'll have a hard time suing."

Amar Toor, reporting for The Verge: Facebook will now display ads to web users who are not members of its social network, the company announced Thursday, in a bid to significantly expand its online ad network. As The Wall Street Journal reports, Facebook will use cookies, "like" buttons, and other plug-ins embedded on third-party sites to track members and non-members alike (Editor's note: link swapped with a non-paywall source). The company says it will be able to better target non-Facebook users and serve relevant ads to them, though its practices have come under criticism from regulators in Europe over privacy concerns. Facebook began displaying a banner notification at the top of its News Feed for users in Europe today, alerting them to its use of cookies as mandated under an EU directive.Mark Wilson of BetaNews adds that Facebook has outlined these changes in its cookies policy page. As part of which, the company is now allowing Facebook users to opt-out of the ad scheme by making changes to their Facebook settings. For users that don't have a Facebook account, they can opt-out through Digital Advertising Alliance in the United States and Canada, and the European Interactive Digital Adverting Alliance in Europe.

hypnosec writes "In its latest attempt to stop Mozilla from going ahead with its proposed default blocking of third-party cookies in Firefox, the Interactive Advertising Bureau took out a full page ad urging users to stop 'Mozilla from hijacking the Internet.' Through the advert, IAB has claimed that the Firefox maker wants to be the 'judge and jury' when it comes to business models on the web. According to the IAB, Mozilla wants to eliminate the cookies which enable online advertisers to reach the right audience. IAB notes that 'If cookies are eliminated, it is clear to us that consumers will get a less relevant and diverse Internet experience.'"