Tuesday, April 25, 2023

Facebook Probably Owes You Money

Facebook may not be your social media platform of choice in 2023, but if you had an active account at any point in the last 15 or so years, you may be entitled to free money.
Meta, which owns Facebook (and Instagram and WhatsApp), is paying out $725 million to current and former users as part of a class-action settlement, the result of a handful of lawsuits related to Facebook’s poor track record on data privacy. For example, users alleged that their data, and their friends’ data, was shared with third parties without permission. U.S. users dating back to mid-2007 may be eligible for a payment from the settlement.
The exact amount you receive will ultimately depend on how many people file a claim and the sum of legal and administrative fees associated with the suit. In any case, the payment is likely to be small—but something is better than nothing.

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The Drift

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