Settlement of class action suit: Facebook users to earn over GHc5 billion from company

Settlement of class action suit: Facebook users to earn over GHc5 billion from company

Technology

Facebook is set to pay over $500 million to some people in Illinois who used the app between mid-2011 to mid-2015.

The company has been named in a class action suit with respect to the use of face analysis for automatic tagging – The amount involved reportedly represents a small amount of the $35 billion Facebook could have paid to them Our Manifesto: This is what wenoblog.com believes in Facebook Inc is set to pay over $500 million or GHc5,510,424,000 in a bid to settle a class action lawsuit, wenoblog.com has learnt. Information available shows that the move is an attempt to deal with accusations of a systematic violation of an Illinois consumer privacy law. Per a report by techcrunch.com, the amount forms a small fraction of the maximum amount of $35 billion Facebook could have paid. The class members, primarily based in Illinois, are people who used Facebook between mid-2011 to mid-2015. It is believed that they may expect to receive about $200 each but this depends on a number of factors. As part of the settlement, Facebook would in future require permission before it obtains consent for purposes such as face analysis for automatic tagging.

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