Facebook has agreed to pay $550 million to settle class-action privacy lawsuit, days after Supreme Court declined to take case
Posted in: Surveillance & Privacy at 30/01/2020 14:22
Facebook has agreed to pay roughly half a billion dollars to settle a class-action case alleging the company violated Illinois law in the way it collected data for its facial-recognition tools, the tech giant said Wednesday.
The $550 million settlement — revealed by company executives during their latest earnings call — comes after Facebook tried, and failed, to quash the lawsuit in a petition to the Supreme Court. If the company prevailed, it might have made it harder for other Web users to bring similar legal actions. The settlement must still be reviewed by a judge.