Facebook’s $10 Million Privacy Settlement: You Get Nothing
The technology industry is trapped in a cycle of privacy breaches and class actions that do nothing for the average Internet user. The new Facebook settlement is the latest example.
If you missed it, Facebook says it will pay $10 million to compensate users who were turned into product pitchpeople as a result of “sponsored stories” ads that treat Likes as endorsements. (See how one user unwittingly endorsed a jumbo tub of lubricant.) None of this money, however, will go to Facebook users.