Current:Home > InvestAre you a Facebook user? You have one month left to apply for a share of this $725M settlement -Intelligent Capital Compass
Are you a Facebook user? You have one month left to apply for a share of this $725M settlement
View
Date:2025-04-14 09:25:31
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! (97441)
prev:Rylee Arnold Shares a Long
next:Average rate on 30
Related
- Nevada attorney general revives 2020 fake electors case
- Maine dams face an uncertain future
- RHOBH's Kyle Richards Shares Reaction to BFF Teddi Mellencamp's Divorce
- Brianna “Chickenfry” LaPaglia Explains Why She’s Not Removing Tattoo of Ex Zach Bryan’s Lyrics
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- How Jersey Shore's Sammi Sweetheart Giancola's Fiancé Justin May Supports Her on IVF Journey
- Sister Wives’ Kody Brown Explains His Stance on His Daughter Gwendlyn Brown’s Sexuality
- The Army’s answer to a lack of recruits is a prep course to boost low scores. It’s working
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Bo the police K-9, who located child taken at knifepoint, wins Hero Dog Awards 2024
Ranking
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Trump announces Tom Homan, former director of immigration enforcement, will serve as ‘border czar’
- Don't Miss This Sweet Moment Between Taylor Swift and Travis Kelce's Dads at the Kansas City Chiefs Game
- Maine dams face an uncertain future
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- ‘I got my life back.’ Veterans with PTSD making progress thanks to service dog program
- Singles' Day vs. Black Friday: Which Has the Best Deals for Smart Shoppers?
- Vikings' Camryn Bynum celebrates game-winning interception with Raygun dance
Recommendation
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
Fate of Netflix Series America’s Sweethearts: Dallas Cowboys Cheerleaders Revealed
Don't Miss This Sweet Moment Between Taylor Swift and Travis Kelce's Dads at the Kansas City Chiefs Game
‘I got my life back.’ Veterans with PTSD making progress thanks to service dog program
Skins Game to make return to Thanksgiving week with a modern look
These Yellowstone Gift Guide Picks Will Make You Feel Like You’re on the Dutton Ranch
Will Mike Tyson vs. Jake Paul end in KO? Boxers handle question differently
Atmospheric river to bring heavy snow, rain to Northwest this week