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.

  • FireTower@lemmy.world
    link
    fedilink
    English
    arrow-up
    10
    arrow-down
    1
    ·
    1 year ago

    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.

    • frezik@midwest.social
      link
      fedilink
      English
      arrow-up
      1
      arrow-down
      2
      ·
      edit-2
      1 year ago

      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.

      • FireTower@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        ·
        1 year ago

        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.