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
          ·
          10 months 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
            10 months 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
              ·
              10 months 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.