Current:Home > InvestAre you a Facebook user? You have one month left to apply for a share of this $725M settlement -BeyondProfit Compass
Are you a Facebook user? You have one month left to apply for a share of this $725M settlement
View
Date:2025-04-12 04:13:00
U.S. Facebook users have one more month to apply for their share of a $725 million privacy settlement that parent company Meta agreed to pay late last year.
Meta is paying to settle a lawsuit alleging the world’s largest social media platform allowed millions of its users’ personal information to be fed to Cambridge Analytica, a firm that supported Donald Trump’s 2016 presidential campaign.
Anyone in the U.S. who has had a Facebook account at any time between May 24, 2007, and December 22, 2022, is eligible to receive a payment. To apply for the settlement, users can fill out a form and submit it online, or print it out and mail it. The deadline is August 25.
It’s not clear how much money individual users will receive. The larger the number of people submitting valid claims, the smaller each payment will be since the money has to be divided among them.
The case sprang from 2018 revelations that Cambridge Analytica, a firm with ties to Trump political strategist Steve Bannon, had paid a Facebook app developer for access to the personal information of about 87 million users of the platform. That data was then used to target U.S. voters during the 2016 campaign that culminated in Trump’s election as the 45th president.
Uproar over the revelations led to a contrite Zuckerberg being grilled by U.S. lawmakers and spurred calls for people to delete their Facebook accounts.
Facebook’s growth has stalled as more people connect and entertain themselves on rival services such as TikTok, but the social network still boasts more than 2 billion users worldwide, including an estimated 250 million in the U.S.
Beyond the Cambridge Analytica case, Meta has been under fire over data privacy for some time. In May, for example, the EU slapped Meta with a record $1.3 billion fine and ordered it to stop transferring users’ personal information across the Atlantic by October. And the tech giant’s new text-based app, Threads, has not rolled out in the EU due to privacy concerns.
___________________
AP Business Writer Wyatte Grantham-Philips contributed to this report from New York.
veryGood! (54553)
Related
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- New graphic novel explores the life of 'Queenie,' Harlem Renaissance mob boss
- Classic rock guitar virtuoso Jeff Beck dies at 78
- Oscar nominee Stephanie Hsu is everywhere, all at once
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Highlights from the 2023 Sundance Film Festival
- Is 'Creed III' a knockout?
- How to watch the Oscars on Sunday night
- Federal hiring is about to get the Trump treatment
- Joni Mitchell wins Gershwin Prize for Popular Song from Library of Congress
Ranking
- Former Danish minister for Greenland discusses Trump's push to acquire island
- George Saunders on how a slaughterhouse and some obscene poems shaped his writing
- 'Star Trek: Picard' soars by embracing the legacy of 'The Next Generation'
- 'Women Talking' explores survival, solidarity and spirituality after sexual assault
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Theater never recovered from COVID — and now change is no longer a choice
- Ke Huy Quan wins Oscar for best supporting actor for 'Everything Everywhere'
- Netflix's 'Chris Rock: Selective Outrage' reveals a lot of anger for Will Smith
Recommendation
Intel's stock did something it hasn't done since 2022
When her mother goes 'Missing,' a Gen-Z teen takes up a tense search on screens
In bluegrass, as in life, Molly Tuttle would rather be a 'Crooked Tree'
Fear, Florida, and The 1619 Project
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Richard Belzer, stand-up comic and TV detective, dies at 78
What's making us happy: A guide to your weekend listening and viewing
10 pieces of well-worn life advice you may need to hear right now