Facebook's $725 Million Privacy Settlement: How to Get Your Share of the Money – CNET

If you’re among the estimated 190 million Facebook users in the US, you may have heard that you’re eligible for part of a massive $725 million settlement.Many users have received a message about a lawsuit alleging the social media giant “shared people’s data with third parties and didn’t monitor how that data was accessed and shared.”This may seem fishy, but it’s actually legit: In 2018, Facebook was accused of improperly sharing members’ personal information with outside organizations, including Cambridge Analytica, a UK political consulting firm with ties to Donald Trump’s 2016 presidential campaign. It’s believed info associated with as many as 87 million Facebook users was shared. After years of legal maneuvering, Meta finally agreed to settle a subsequent class action lawsuit in December 2022. Eligible Facebook users are now filing claims for a portion of the settlement.  In a statement, Facebook’s parent corporation, Meta, said it agreed to the deal because “it’s in the best interest of our community and shareholders.” “Over the last three years, we revamped our approach to privacy and implemented a comprehensive privacy program,” the company added. “We look forward to continuing to build services people love and trust with privacy at the forefront.”Here’s what you need to know about the Facebook
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