Today at 2pm EST/11 AM PST, Mark Zuckerberg will be announcing “new steps Facebook is taking to improve user understanding and ownership of the Facebook terms of service and, more generally, the policies of the Facebook service.” This is in response to last weeks uproar over the changes in Facebook terms of service which had to do primarily with the ownership of content and protections that users have on the site.

We will of course be covering the event live so check in later today to hear Facebook’s new announcements related to the terms of service.