- cross-posted to:
- technology@lemmit.online
- cross-posted to:
- technology@lemmit.online
How big will Facebook settlement checks be? Lawyers reveal estimated payment per person::Hoping the the massive Facebook privacy settlement is about to change your life? Don’t hold your breath.
Who tf you think was ripped off?
The broader Facebook userbase, likely including the lawyers. This was years of work for many lawyers.
The real issue here is that 725 mil isn’t enough of a punishment for how massive Meta is. They net more than that in a month.
No company on earth would just write off $725M. These are the sort of people who drop a business card in a fishbowl at a restaurant for a “contest” so that their lunch is a tax deductible business expense.
If Facebook made $726M selling that data though they’d do it Sun-Sat. Hell if they made $725M and the math figured they had a 49.9% chance of getting caught they’d do the same again.