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What is Facebook Settlement?
Facebook Settlement: What You Need to Know A recent settlement has been reached between Meta Platforms, formerly known as Facebook, and plaintiffs in a class action lawsuit. If you were a Facebook user in the U.S. between May 24, 2007, and December 22, 2022, you're part of this settlement. BackgrounRead more
Facebook Settlement: What You Need to Know
A recent settlement has been reached between Meta Platforms, formerly known as Facebook, and plaintiffs in a class action lawsuit. If you were a Facebook user in the U.S. between May 24, 2007, and December 22, 2022, you’re part of this settlement.
Background of the Facebook Privacy Lawsuit
The Facebook privacy lawsuit stems from concerns about how Facebook handles user data. Following incidents like the Cambridge Analytica scandal, where user data was improperly accessed, Facebook faced numerous legal battles and investigations regarding its privacy practices.
Facebook Settlement Payout Date
The $725 million privacy settlement was approved on October 23. Claimants can expect their settlement payments soon. While initially due within 30 days of the decision, distribution was delayed. Now, it’s anticipated in February or March 2024.
Who Qualifies for Payment?
Eligible claimants are U.S. Facebook users from May 24, 2007, to December 22, 2022. However, the deadline to claim settlement compensation was August 2023.
Exclusions from Settlement
Certain individuals are excluded from the settlement class, including those who choose to stay out, legal representatives, and court staff involved in mediation.
Facebook Settlement Amount
Meta has set aside $725 million for the settlement fund. The amount claimants receive depends on factors like their length of Facebook use during the eligibility period. The estimated payout is $30 per person.
Checking Your Settlement Status
To check your claim status, visit the online portal provided by the Settlement Administrator or contact the toll-free number: 1-855-556-2233.
Conclusion
Facebook Privacy Settlement funds are expected to be disbursed in February or March 2024. Claimants should stay updated for payment notifications.
See lessWhat are neural networks, and how do they contribute to AI?
Neural networks represent a cornerstone of modern artificial intelligence (AI), revolutionizing the landscape of computing and enabling machines to perform tasks that were once thought to be exclusive to human intelligence. At their core, neural networks are computational models inspired by the struRead more
Neural networks represent a cornerstone of modern artificial intelligence (AI), revolutionizing the landscape of computing and enabling machines to perform tasks that were once thought to be exclusive to human intelligence. At their core, neural networks are computational models inspired by the structure and functioning of the human brain.
To dive into detail, let’s break down the components and workings of neural networks:
Now, let’s discuss how neural networks contribute to AI in detail:
Overall, neural networks play a pivotal role in advancing AI by enabling machines to learn from data, recognize patterns, make decisions, and perform tasks that were once exclusive to human intelligence. Their versatility and ability to adapt to various domains make them indispensable tools in the development of intelligent systems.
See lessCan you recommend a top university in the United States that provides excellent online degree programs?
If you're thinking about pursuing a postgraduate online degree in IT after finishing your engineering degree, there are some great universities in the US that offer fantastic programs tailored to your field. Here are a few standout options: Stanford University: Stanford has a reputation for offeringRead more
If you’re thinking about pursuing a postgraduate online degree in IT after finishing your engineering degree, there are some great universities in the US that offer fantastic programs tailored to your field. Here are a few standout options:
Each of these universities has a strong reputation for academic excellence and offers online programs specifically designed for working professionals and individuals seeking to advance their careers in IT. Take your time to research each program to find the one that best suits your needs and career aspirations. Good luck with your postgraduate journey!
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