Facebook agrees to $550 million settlement in privacy case

Bradley Prior

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Facebook agrees to $550 million settlement in privacy case

Facebook Inc. agreed to pay $550 million to resolve claims it collected user biometric data without consent in one of the largest consumer privacy settlements in U.S. history.

The accord, which requires a judge’s approval, will avert a trial that may have exposed the social networking company to billions of dollars in damages. [Bloomberg]
 

Herr der Verboten

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MirageF1

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One thing is sure...neither you, nor me or any other citizen will receive a cent of this payout.
 
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