All the latest UK technology news, reviews and analysis


Judge approves Facebook $20m sponsored stories privacy settlement

27 Aug 2013
facebook-homepage

Facebook has had its $20m privacy settlement for users who complained about its sponsored stories service approved by a US judge.

The case was brought in 2011 by a group of users who were angered by the use of their images in sponsored Facebook posts, which they had not been consulted over.

Facebook proposed the settlement last October, doubling the original amount from $10m, to offer compensation, legal fees and money for charities relevant to privacy issues, after its initial $10m deal was rejected.

This proposal has now been approved, according to Reuters, after the judge that has been overseeing the case since its started, Richard Seeborg, wrote on Monday that the offer, "while not incorporating all features that some of the objectors might prefer, has significant value."

Facebook welcomed the decision in a statement: “We are pleased that the settlement has received final approval," it said.

The decision is another piece of good news for Facebook after its share price returned to its original $38 flotation value at the end of July. Share value had previously plummeted to $17 per share in September 2012 – less than half of the initial value.

This came on the back of strong financials, particularly with regards to mobile advertising, as investors see long-term value in the firm.

Facebook recently purchased speech translation firm Mobile Technologies, in a move to enhance the voice capabilities of its site for mobile users, as the company seeks to empower more people than ever before to get online.

  • Comment  
  • Tweet  
  • Google plus  
  • Facebook  
  • LinkedIn  
  • Stumble Upon  
Dan Worth
About

Dan Worth is the news editor for V3 having first joined the site as a reporter in November 2009. He specialises in a raft of areas including fixed and mobile telecoms, data protection, social media and government IT. Before joining V3 Dan covered communications technology, data handling and resilience in the emergency services sector on the BAPCO Journal

View Dan's Google+ profile

More on Web
What do you think?
blog comments powered by Disqus
Poll

IT curriculum poll

With coding now compulsory in schools, how important are digital skills for the next generation of school leavers?
61%
9%
21%
9%

Popular Threads

Powered by Disqus
V3 Security Summit

V3 Security Summit Day 1: Advanced threat, IoT and phishing guidance incoming

Register and stay tuned for the latest cyber security news, analysis and guidance

Updating your subscription status Loading
Newsletters

Get the latest news (daily or weekly) direct to your inbox with V3 newsletters.

newsletter sign-up button
hpv3may

Getting started with virtualisation

Virtualisation can help you reduce costs, improve application availability, and simplify IT
management. However, getting started can be challenging

ibmv3may

Converting big data and analytics insights into results

Successful leaders are infusing analytics throughout their organisations to drive smarter decisions, enable faster actions and optimise outcomes

Software QA Tester - No 1. Video Games Hosting Company

Software QA Tester - No 1. Video Games Hosting Company...

Office 365 Migration Consultant

£500M+ IT Solutions Company requires an experienced Office...

Infrastructure Services Engineer

Infrastructure Engineer - Windows, AD, Exchange, Hyper...

Systems Engineer - Linux

Linux Systems Administrator - Market Leading Software...
To send to more than one email address, simply separate each address with a comma.