Current:Home > MarketsAre you a Facebook user? You have one month left to apply for a share of this $725M settlement -MoneyTrend
Are you a Facebook user? You have one month left to apply for a share of this $725M settlement
SafeX Pro View
Date:2025-04-11 06:35:21
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! (9648)
Related
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Utah dad drowns at state park trying to save son who jumped into water to rescue woman
- Halle Berry Reveals the “Hard Work” Behind Her Anti-Aging Secrets
- 1 person injured in shooting at North Carolina mall, police say
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Trial begins in case of white woman who fatally shot Black neighbor during dispute
- Tori Spelling Tried to Stab Brother Randy Spelling With a Letter Opener as a Kid
- Utility will pay $20 million to avoid prosecution in Ohio bribery scheme
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Wisconsin primary voters oust more than a half-dozen legislators, setting stage for Dem push in fall
Ranking
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- ‘We are a safe campus’: UNLV to resume classes at site of the 2023 shooting
- Initiative to enshrine abortion rights in Missouri constitution qualifies for November ballot
- In Nebraska special session on taxes, some ideas to raise millions in revenue get little attention
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- 3 years into a life sentence, Alex Murdaugh to get his day before the South Carolina Supreme Court
- Maui judge’s ruling bars insurers from going after defendants who agreed to $4B wildfire settlement
- Turnout in Wisconsin election tops 26%, highest in 60 years for fall primary in presidential year
Recommendation
Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
FTC ban on noncompete agreements comes under legal attack
Paris gymnastics scoring saga and the fate of Jordan Chiles' bronze medal: What we know
'A bad situation did not get worse': Enraged bull euthanized after escaping slaughterhouse
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
'Growing up is hard enough': Jarren Duran's anti-gay slur could hurt LGBTQ youth
Porsha Williams' cousin and co-star Yolanda Favors dies at 34: 'Love you always'
As Colorado River states await water cuts, they struggle to find agreement on longer-term plans