🧵 1. Facebook users can claim their share of a $725 million settlement over privacy violations. Deadline is Aug. 25. #fintech
🧵 1. Facebook users can claim their share of a $725 million settlement over privacy violations. Deadline is Aug. 25. #fintech
🧵 2. Cambridge Analytica scandal cost Meta, Facebook's parent company, nearly $5.9 billion. Settlement is the largest of its kind.
🧵 3. Mark Zuckerberg apologized for the missteps while testifying before Congress. Settlement does not admit wrongdoing.
🧵 4. To make a claim, visit Facebookuserprivacysettlement.com and provide your details. Must have had an active U.S. Facebook account between May 2007 and Dec. 2022.
🧵 5. Payouts will vary based on the number of claims and account duration. Facebook has evolved with new products and initiatives since the scandal.
🧵 Read more at: https://www.cnbc.com/2023/07/28/how-to-get-your-payment-from-facebooks-725-million-settlement.html
Probably worth mentioning that this claim only apply to US citizens