Whatever Facebook settlement payment you might get, it's not enough

Have you used Facebook in the last 16 years? If so, you may be eligible to collect some cash from the social media giant as part of a settlement in a class-action lawsuit alleging privacy violations.As CNBC reported Wednesday: Facebook users have until August to claim their share of a $725 million class-action settlement of a lawsuit alleging privacy violations by the social media company, a new website reveals. The lawsuit was prompted in 2018 after Facebook disclosed that the information of 87 million users was improperly shared with Cambridge Analytica. People who had an active U.S. Facebook account between May 2007 and December 2022 have until Aug. 25 to enter a claim. Individual settlement payments haven’t yet been established because payouts depend on how many users submit claims and how long each user maintained a Facebook account.Here’s the site where you can submit a claim. Let’s refresh your memory a bit and recollect how Facebook got to this point: Cambridge Analytica was a data-mining firm linked to Steve Bannon that was hired by Donald Trump’s 2016 presidential campaign to conduct voter profiling and help target potential voters. Largely without their consent, the firm had access to millions of Facebook users’ personal
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