- Joined
- Oct 16, 2018
- Messages
- 4,423
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]
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]
