Here’s the latest 4MR audio report from MediaShift. In this week’s edition I focus on the recent privacy brouhaha at social networking giant Facebook. Why are prominent techies deleting their accounts and complaining? Mainly because Facebook keeps adding features that are “opt-out” instead of “opt-in” and its privacy policies are a complex mess. I talked with lawyer Michael McSunas to find out what’s angering people, and learn how Facebook can turn things around.

Check it out:

4mrbareaudio52110.mp3

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Listen to my entire interview with Michael McSunas:

mcsunas full.mp3

Background music is “What the World Needs” by the The Ukelele Hipster Kings via PodSafe Music Network.

Here are some links to related sites and stories mentioned in the podcast:

Another Security Hole Found On Yelp, Facebook Data Once Again Put At Risk at TechCrunch

Facebook, MySpace Confront Privacy Loophole at WSJ

Facebook Needs to Find Its Voice on Privacy at GigaOm

Price of Facebook Privacy? Start Clicking at NY Times

Facebook Staff Meets to Discuss Privacy Policy as Backlash Gains Momentum at Daily Finance

Former FTC Chair Timothy Muris to Steer Facebook Through Washington at Fast Company

Facebook’s Eroding Privacy Policy – A Timeline at EFF

The Big Game, Zuckerberg and Overplaying your Hand at Calacanis.com

Facebook Backpedals on Privacy, Sort Of at ReadWriteWeb

Well, These New Zuckerberg IMs Won’t Help Facebook’s Privacy Problems at Business Insider

What backlash? Facebook is growing like mad at Fortune

Also, be sure to vote in our poll about what you think about your privacy on Facebook:

Mark Glaser is executive editor of MediaShift and Idea Lab. He also writes the bi-weekly OPA Intelligence Report email newsletter for the Online Publishers Association. He lives in San Francisco with his son Julian. You can follow him on Twitter @mediatwit.