Don't believe the Facebook privacy notice hype--it's a hoax

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Once again, Facebook users have begun to circulate a notice, via status update declaring ownership over their personal information in the face of new changes to the social network's privacy guidelines.

Save your copy-paste energy on this one: posting the notice does absolutely nothing to protect your information, nor does it have any legally binding effect of Facebook.

The statement declares the user's copyright on all personal details and content posted to Facebook, warning that the social network's status as a publicly traded company puts private information at risk.

"Facebook is now an open capital entity," the notice warns. "All members are recommended to publish a notice like this, or if you prefer, you may copy and paste this version. If you do not publish a statement at least once, you will be tacitly allowing the use of elements such as your photos as well as the information contained in your profile status updates."

Last week, Facebook changed its privacy guidelines (which it does regularly), removing the policy offering users a chance to weigh in on the rules for how it deals with personal information. However, a minimum percentage of participation must be met before the site is required to listen to what users have to say, and if past is prologue, only a tiny fraction of people will actually vote, and the change will go into effect.

Even if a status post could impact a user's relationship with Facebook (it can't), this particular post is riddled with bad legal language and the statues cited don't actually apply.

Snopes thoroughly debunks the privacy notice:

"Facebook users cannot retroactively negate any of the privacy or copyright terms they agreed to when they signed up for their Facebook accounts, nor can they unilaterally alter or contradict any new privacy or copyright terms instituted by Facebook simply by posting a contrary legal notice on their Facebook walls," they write.

"One of the common legal talismans referenced above is UCC Section 1-308, which has long been popular among conspiracy buffs, who (incorrectly) maintain that citing it above your signature on an instrument will confer upon you the ability to invoke extraordinary legal rights."

According to Buzzfeed:

While Buzzfeed's post was in response to a similar viral "privacy notice" that went viral in July, the language and reasoning is very similar to the current notice.

Here's the full text of the notice: