Facebook shares plummet after $550 million privacy settlement
Attorneys who focus on privacy law predict that the Facebook settlement — if approved by a federal judge — will trigger a new round of lawsuits and make the targets of existing ones more likely to settle. Illinois' legal landscape also could shape debates over privacy protection in other states and in Congress, particularly about whether individuals should have the right to sue over violations.
It also gave Illinois residents the right to sue for $1,000 over negligent violations and $5,000 for intentional violations. Facebook only changed the technology last year. The tag suggestion tool was replaced a broader facial recognition setting, which is turned off by default. Illinois is one of three states that have laws governing the use of biometric data. But the other two, Texas and Washington, don't permit individual lawsuits, instead delegating enforcement to their attorneys general.
Facing Illinois' law, some companies opt out of the state. Sony, for instance, refuses to sell its “aibo” robot dog to Illinois residents and says the device's ability to behave differently toward individual people depends on facial recognition technology.
Source: Law Daily Report (lawdailyreport.net)
I believe FB should settle to people around the world. Currently FB been unfairly for the users who were not favored to FB payers. FB lost the freedom of comment for users
and how does anyone know if they have ceased doing it? to anyone, everyone?
So Trump is holding Facebook hostage ....plant a flag for each day ...
I'm glad that I'm using Twitter right now😏
Next state in line is ....
Finally paying state sales tax on all that back ad revenue. (They just started collecting IL tax on Jan 1, 2020)
Why are you still on facebook people.. wow
Only $500 mil?!....should have been in the billions
DAMN
HunterJCullen MingGao26
That check is going to be like $2.77 per person. That's no money at all for Facebook.
Jasonmjarrett Hell no! I want the RICO!
and how much are the victims going to get, especially since it was their bio data stolen and used w/o permission?
$500 million? A pittance. My disciple, Mark Zuckerberg, has done well for himself, it would seem.
Good I want to be part of this
I was super-poked in 2009. Still awaiting my settlement.
Nice. I should just join facebook and write a few lawsuits myself. Fuck the rich who just made a dumb program
Where is my check?
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