Topic: Social Mediafeed

Nonprofits to Bank Roll Hefty Sum from Facebook Lawsuit

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July 16th, 2012

It seems that Facebook’s privacy settings are coming back to bite them, as a settlement has been reached in Facebook’s “Sponsored Stories” case. The $10 million that Facebook will pay out, will go to various consumer rights groups who were involved in the case or not. This payout serves as a charitable donation and doesn’t reflect the other $10 million that Facebook will have to pay in legal fees. Is this case enough to change Facebook’s privacy policies, or is this just another bump in the road for the social media conglomerate?

Find out more about the Facebook “Sponsored Stories” case by following the link below.

Non-profits to Reap $10 Million From Facebook Settlement [Pan/Mashable]

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