21 C
New York
Tuesday, June 22, 2021

Facebook wins preliminary approval to settle facial recognition lawsuit

Must read

XRP Falls 13% In Rout

Cryptocurrency4 minutes ago (Jun 22, 2021 12:39PM ET) XRP Falls 13% In Rout Investing.com - XRP was trading at $0.57073 by 12:37 (16:37 GMT) on the...

Biden’s Justice Dept may defend Trump in Capitol riot lawsuits

(C) Reuters. FILE PHOTO: An explosion caused by a police munition is seen while supporters of U.S. President Donald Trump gather in front of...

Record-high U.S. house prices, tight supply hold back sales

(C) Reuters. FILE PHOTO: A 'for sale' is seen outside a single family house in Garden City, New York, U.S. on May 23, 2016....

4 Inflation-Resistant Stocks to Buy This Summer

Stock Markets12 minutes ago (Jun 22, 2021 12:30PM ET) (C) Reuters. 4 Inflation-Resistant Stocks to Buy This Summer Rising inflation due to the fast-paced economic recovery...
imageTechnology10 minutes ago (Aug 20, 2020 05:31AM ET)

(C) Reuters. Logo of Facebook is seen in Davos

(Reuters) – Facebook Inc (NASDAQ:FB) won preliminary approval late on Wednesday from a federal court for settlement of a lawsuit that claimed it illegally collected and stored biometric data of millions of users without their consent.

The social media company had in July raised its settlement offer by $100 million to $650 million in relation to the lawsuit, in which Illinois users accused it of violating the U.S. state’s Biometric Information Privacy Act.

The revised settlement agreement resolved the court’s concerns, leading to the preliminary approval of the class action settlement, Judge James Donato wrote in an order filed in the U.S. District Court for the Northern District of California.

“Preliminary approval of the amended stipulation of class action settlement, Dkt. No. 468, is granted, and a final approval hearing is set for January 7, 2021,” the judge said in the eight-page order.

Facebook allegedly violated the state’s law through its “Tag Suggestions” feature, which allowed users to recognize their Facebook friends from previously uploaded photos, according to the lawsuit, which began in 2015.

The company has recently faced criticism from lawmakers and regulators over its privacy practices. Last year, it agreed to pay a record $5 billion fine to settle a Federal Trade Commission data privacy probe.

Facebook wins preliminary approval to settle facial recognition lawsuit

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

- Advertisement -

Latest article

XRP Falls 13% In Rout

Cryptocurrency4 minutes ago (Jun 22, 2021 12:39PM ET) XRP Falls 13% In Rout Investing.com - XRP was trading at $0.57073 by 12:37 (16:37 GMT) on the...

Biden’s Justice Dept may defend Trump in Capitol riot lawsuits

(C) Reuters. FILE PHOTO: An explosion caused by a police munition is seen while supporters of U.S. President Donald Trump gather in front of...

Record-high U.S. house prices, tight supply hold back sales

(C) Reuters. FILE PHOTO: A 'for sale' is seen outside a single family house in Garden City, New York, U.S. on May 23, 2016....

4 Inflation-Resistant Stocks to Buy This Summer

Stock Markets12 minutes ago (Jun 22, 2021 12:30PM ET) (C) Reuters. 4 Inflation-Resistant Stocks to Buy This Summer Rising inflation due to the fast-paced economic recovery...

Silver Fundamentals Remain Strong Despite Fed’s Hawkish Pivot

Stock Markets12 minutes ago (Jun 22, 2021 12:30PM ET) (C) Reuters. Silver Fundamentals Remain Strong Despite Fed's Hawkish Pivot Silver (SLV) is down for the...