Globall News

What you need to know to cash in on Facebook’s $725M settlement

Facebook has reached a $725m settlement in response to lawsuits over alleged privacy violations. The lawsuits accused the company of taking users’ data and sharing it with third parties without consent, including app developers, business partners, advertisers, and data brokers. This is not the first time Facebook has faced allegations of sharing user data without permission. Last year, the company paid a $650m settlement to residents of Illinois over the collection of biometric data without consent. Anyone who had a Facebook account between May 24, 2007, and December 22, 2022, may be eligible for compensation, although the amount is dependent on the length of time you’ve had an account and the number of claims made. To receive payment from the settlement, users must file a claim by August 25, 2023, although doing nothing could prevent them from getting paid or the right to sue. Those who do not wish to be part of the settlement can opt-out by July 26, 2023. Facebook has faced numerous controversies over user privacy and data protection in recent years.

Source link
#cash #Facebooks #725M #settlement

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button