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Facebok: why users with accounts between 2007 and 2020 will get nearly $800 million | the answers

Rudyard Kipling by Rudyard Kipling
April 24, 2023
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Facebook, which is one of the most important companies in the world, will have to pay $800 million to users who registered between 2007 and 2020; The news caught the attention of many people around the world. What is the reason why this popular social network will have to compensate so many? On this note we tell you everything you need to know about it.

Why Facebook will pay nearly 800 million dollars to users

According to the information that was circulated in the various media in different countries, the company Facebook It will pay $1 million to those who set up their accounts and register between 2007 and 2022.

It is indicated that Users Facebook They will have until next August to take advantage of a class action lawsuit for privacy violations by the social network.

And while it sounds like good news for everyone, the truth is that it applies to users who are in it United State Those with active accounts between May 2007 and December 2022.

The lawsuit started in 2018 yet Facebook It revealed that 87 million users’ information was improperly shared with Cambridge Analytica.

According to information reported by the Colombian media El Tiempo, users of Facebook A claim can be submitted by visiting Facebookuserprivacysettlement.com and entering their name, address, email address, and confirmation that they lived in the United States and were active on Facebook between the above dates.

Facts you should know about Facebook

Goal is an American technology and social media company headquartered in Menlo Park, California; United State. It is the parent company of Facebook, Instagram, WhatsApp and other subsidiaries, products and services, incl Facebook Messenger, Facebook Watch, and Facebook Portal.

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Goal It also acquired Oculus VR, Giphy, and Mapillary, and has a 9.9% stake in Jio Platforms. The company’s main revenue stream is selling advertising to its affiliate marketers.

Goal It was founded by Mark Zuckerberg, along with roommates and Harvard students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes, originally as TheFacebook.com (current Facebook).

Goal It is one of the most valuable companies in the world. It is considered one of the five largest technology companies along with Microsoft, Amazon, Apple and Alphabet (Google).

On April 8, 2011, Facebook It acquired Instagram for $2 billion, and in February 2014 it bought the mobile messaging service The WhatsApp $19,000 million.

On May 1, 2018, Facebook announced its plans to launch a new dating service. According to Mark Zuckerberg: “There are 200 million people in the world Facebook He’s identified as single, so there’s clearly something going on here.” In the wake of the Cambridge Analytica data mining scandal, the service will have privacy features, and your friends won’t be able to see your dating profile.

In October 2021, it was reported through the press that the parent company of Facebook (until then it was called Facebook, Inc..) plans to change his name to “reflect his focus on building the metaverse”; It will be renamed the Meta later that month on October 28th.

Word “GoalIt comes from the Greek language and means “beyond,” indicating the idea of ​​the future.

Rudyard Kipling

Rudyard Kipling

"Reader. Evil problem solver. Typical analyst. Unapologetic internet ninja."

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