News — Privacy

Facebook to give $550 Million as a Settlement in a Lawsuit

Facebook FacialRecognition Lawsuits Privacy

Facebook to give $550 Million as a Settlement in a Lawsuit

Social Media giant Facebook is to pay an amount of $550 million as a settlement in what appears to be another series of lawsuits, and this time, it is a Facial Recognition issue. The lawsuit is not good for the brand perception of Facebook as it puts further questions to the credibility of the privacy laws of the social networking site. "Facebook has agreed to pay a settlement of $550 million related to a claim filed for FB's facial recognition technique," said Facebook this Wednesday. The incident that appeared in Illinois is said to be a great triumph for privacy...

Read more →