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You have a month left to get your share of Facebook's $725 million settlement — here's how - TL;DR CNBC

You have a month left to get your share of Facebook's $725 million settlement — here's how

Publishing timestamp: 2023-07-28 10:25:22


Summary

Facebook users have less than a month to apply for their share of a $725 million settlement over privacy violations. The settlement is part of the fallout from the Cambridge Analytica scandal and is the largest class action settlement of its kind. Users who had an active Facebook account between May 2007 and December 2022 can enter a claim. The settlement payments will depend on the number of users who submit claims and the duration of their Facebook account. Meta, formerly known as Facebook, has rebranded itself and expanded into the metaverse and other areas since the scandal. The settlement does not admit wrongdoing.


Sentiment: NEUTRAL

Tickers: META

Keywords: federal trade commissioncambridge analyticaproducts and servicessocial mediamark zuckerbergbreaking newstechnologydonald trumpbusiness newsunited statessecmeta platforms incbreaking news: technology

Source: https://www.cnbc.com/2023/07/28/how-to-get-your-payment-from-facebooks-725-million-settlement.html


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