Nearly 60 companies, including Facebook and Google, have signed on to a new “contract for the web,” internet standards designed by world wide web founder Tim Berners-Lee, the Financial Times reports. Speaking at the Web Summit tech conference, Berners-Lee said, “We need a new contract for the web, with clear and tough responsibilities for those who have the power to make it better.” The contract lays out requirements for companies to “support the best in humanity” and respect data privacy and establishes principles for a “free and open web.” Previously, Berners-Lee suggested powerful tech companies needed to be split up to reduce their influence. (Registration may be required to access this story.)
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