Check out their announcement here
This time around, most of the changes to the Terms and Conditions fall into two broad categories: 1) future products and features and 2) privacy requirements. Specifically, one of the main changes is that the terms anticipate future products that may become available in other advertising formats and mediums, for example Gadget Ads. As we look forward to monetizing more online and offline content, we’ve re-worded some portions of the terms to make them applicable across a broader array of media and formats — anticipating, for example, that future products may be priced, paid, or managed differently than current ones.
We’ve also added some specific requirements that make it necessary for publishers to post and abide by a transparent privacy policy that users see. According to this policy, publishers must notify their users of the use of cookies and/or web beacons to collect data in the ad serving process. This change relates to advertisers’ use of innovative products and features like Gadget Ads and other offerings in the future
So each and everyone who uses Adsense should understand the new Terms or else suffer the consequence. The new TOS could be read here.
BTW the Manny Pacquaio VS Marquez fight is nearly coming so for those Filipinos who wants to earn some bucks in Adsense using those keywords mentioned in my previous post better optimized your site and practice SEO. 🙂