Facebook To Make Changes In Response To Class-Action Lawsuit Over Sponsored Stories
After initially settling a class-action lawsuit regarding sponsored stories for $10 million, Facebook said it will make some changes and give users more control over how their personal information is used in the ad feature. These changes could deal a big hit to the social network's pocketbook.
After initially settling a class-action lawsuit regarding sponsored stories for $10 million, Facebook said it will make some changes and give users more control over how their personal information is used in the ad feature. These changes could deal a big hit to the social network’s pocketbook.
Reuters reports that the total loss to Facebook, once these changes are in place, could be far beyond the $10 million that was donated to charity (and the additional $10 million to cover the plaintiff’s attorney fees).
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