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October 9, 2012 01:16 am GMT

Facebook Proposes Fresh $20 Million Privacy Settlement


Facebook is offering a new $20 million settlement in a class action privacy lawsuit relating to "Sponsored Stories" advertisements, according to a report.

The fresh settlement, filed Saturday, is offering up to $10 each to nearly 125 million affected users, reports Reuters.

Sponsored Stories, a Facebook advertising feature introduced in early 2011, caused users' names and profile pictures to be shown as endorsements in a brand's advertisements those users have "liked." Users cannot opt-out of the feature, a situation some users and watchdog groups considered to be a violation of privacy.

An earlier deal, struck down by a judge in August, didn't provide any funds for users. Inste…
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More About: Facebook, Social Media, US, privacy, trending


Original Link: http://feeds.mashable.com/~r/Mashable/~3/o_4Lsu82-j0/

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