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What are the elements of a VRM data portability policy? The basic elements of a VRM data portability policy should include: Data retention agreement - How long will my data be retained for? For example - for the life of the relationship plus 30 days. Data reuse agreement - Will my data be used for purposes beyond the original transaction Data ownership agreement - What elements of the data belong to the vendor such as a Frequent Flyer number Data portability agreement - The data that is the subject of the agreement may be stored by the vendor, or it may be held by a data custodian in a Personal Data Store. Data access agreement - The data that is the subject, or a sub-set, of the agreement should be accessible to third parties that have been granted access by the user. For example, granting access to my shipping address information at Amazon by a third party vendor I have performed a transaction with.

However, the overall value of these companies is still largely based on growth potential, which now seems shaky. Microsoft's investment in Facebook valued the company at a massive $15 billion. But in November, Twitter refused to be bought by Facebook for a reported $500 million of its stocks plus some cash.

Chris Alden, chairman and CEO of Six Apart, says that there simply isn't enough capital in the current market to sustain so many social-networking companies. "You'll see more consolidation in the next year or two," he predicts.

In October, the third most popular social-networking site, Hi5, announced that it would cut between 10 and 15 percent of its staff. And in November, the business-focused networking sites LinkedIn and Jive said that they would slash their workforces by 10 and 40 percent, respectively.

What is the relationship between the RP and the OP. Problem: we want to message “Hey, these two sites are going to be tied togethr somehow.”

keep the first screen really simple; delay deeper stuff (like extended permissions) to later flows, in context

“When ‘open’ was in the term, people had security concerns,” says Max