Facebook said that the new private policy has been adopted based on the feedback that they have received from thousands of people and from their ongoing conversations with privacy experts, policy makers and regulators from around the world.
"At Facebook, we are constantly developing new experiences and features to help you control your information. Some of our recent work includes simplified privacy settings and publisher privacy controls that let you select your audience every time you post something on Facebook. We plan a lot more innovations in the months ahead so check back from time to time," said Facebook in their blog.
Facebook said that they had faced criticism over its former private policy, which has "5830 words of legalese" and "longer than the U.S. constitution - without the amendments." Facebook has added some new things and made some other concepts clearer.