Current:Home > InvestAre you a Facebook user? You have one month left to apply for a share of this $725M settlement -Achieve Wealth Network
Are you a Facebook user? You have one month left to apply for a share of this $725M settlement
View
Date:2025-04-18 08:03:07
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! (629)
Related
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- In clash with Bernie Sanders, Starbucks' Howard Schultz insists he's no union buster
- Inside Clean Energy: Lawsuit Recalls How Elon Musk Was King of Rooftop Solar and then Lost It
- Madonna Hospitalized in the ICU With “Serious Bacterial Infection”
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Blood, oil, and the Osage Nation: The battle over headrights
- Google's 'Ghost Workers' are demanding to be seen by the tech giant
- Disney World board picked by DeSantis says predecessors stripped them of power
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Women now dominate the book business. Why there and not other creative industries?
Ranking
- The White House is cracking down on overdraft fees
- Jon Hamm Details Positive Personal Chapter in Marrying Anna Osceola
- Maddie Ziegler Says Her Mom Apologized for Putting Her Through Dance Moms
- Oklahoma executes man who stabbed Tulsa woman to death after escaping from prison work center in 1995
- Bodycam footage shows high
- UFC and WWE will team up to form a $21.4 billion sports entertainment company
- State line pot shops latest flashpoint in Idaho-Oregon border debate
- Clowns converge on Orlando for funny business
Recommendation
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
SVB collapse could have ripple effects on minority-owned banks
Meet The Flex-N-Fly Wellness Travel Essentials You'll Wonder How You Ever Lived Without
How Pay-to-Play Politics and an Uneasy Coalition of Nuclear and Renewable Energy Led to a Flawed Illinois Law
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Beating the odds: Glioblastoma patient thriving 6 years after being told he had 6 months to live
The $7,500 tax credit to buy an electric car is about to change yet again
‘A Trash Heap for Our Children’: How Norilsk, in the Russian Arctic, Became One of the Most Polluted Places on Earth