Current:Home > ScamsAre you a Facebook user? You have one month left to apply for a share of this $725M settlement -Core Financial Strategies
Are you a Facebook user? You have one month left to apply for a share of this $725M settlement
View
Date:2025-04-17 03:25:24
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! (1)
Related
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Archery could be a party in Paris Olympics, and American Brady Ellison is all for it
- Feds Contradict Scientific Research, Say the Salton Sea’s Exposed Lakebed Is Not a Significant Source of Pollution for Disadvantaged Communities
- Beyoncé introduces Team USA during NBC coverage of Paris Olympics opening ceremony: Watch
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Katie Ledecky couldn't find 'that next gear.' Still, she's 'grateful' for bronze medal.
- Drag queens shine at Olympics opening, but ‘Last Supper’ tableau draws criticism
- Video shows small plane crashing into front yard of Utah home with family inside
- DoorDash steps up driver ID checks after traffic safety complaints
- Olympic gymnastics women's recap: Simone Biles puts on a show despite tweaking left calf
Ranking
- Louvre will undergo expansion and restoration project, Macron says
- Who plays Deadpool, Wolverine and Ladypool in 'Deadpool and Wolverine'? See full cast
- Paris Olympics in primetime: Highlights, live updates, how to watch NBC replay tonight
- Why Alyssa Thomas’ Olympic debut for USA Basketball is so special: 'Really proud of her'
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Thrilling performances in swimming relays earn Team USA medals — including first gold
- When is Olympic gymnastics on TV? Full broadcast, streaming schedule for Paris Games
- Apple has reached its first-ever union contract with store employees in Maryland
Recommendation
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Who Is Barron Trump? Get to Know Donald Trump and Melania Trump's 18-Year-Old Son
Technology’s grip on modern life is pushing us down a dimly lit path of digital land mines
Katie Ledecky wins 400 free bronze in her first Olympic final in Paris
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Archery could be a party in Paris Olympics, and American Brady Ellison is all for it
Drag queens shine at Olympics opening, but ‘Last Supper’ tableau draws criticism
Arizona judge rejects wording for a state abortion ballot measure. Republicans plan to appeal