Monday, September 21, 2009

Elsie Law's Daily Dose Of The Law

A group of Facebook users recently filed a class action lawsuit against Facebook after feeling that their privacy was violated when the online networking site implemented a service that shared their personal information with various companies. The personal data was allegedly shared in an effort to create "targeted advertisements."

As part of the settlement (which is pending approval in the U.S. District Court in California), Facebook will cease to use the aforementioned service. The company will also reportedly spend close to $10 million to set up a foundation to give financial support to companies that create products that promote internet privacy and safety.

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