Now Playing: 08-02-12 Marketplace Tech Report

The Children's Online Privacy Protection Act may get its first update since Mark Zuckerberg was a 15-year-old, or April 2000. Since then, Zuckerberg built Facebook and we've seen the rise of online social networks lead to growing concern over privacy online, especially for kids. Yet COPPA is pretty much the same as it's always been. The FTC, which proposed changes to the law, sees a world where online companies have a stricter code of conduct and parents will need to be more hands-on. Plus, according to a recent study, most apps are total failures.