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 May 20 - Facebook Could Owe All Users 10k
Old 4 years agoclass of '12 - away - #1
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Tha 23rd Buchan 8 heat pts space
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A Facebook user is suing Facebook for violation of privacy issues. As a class-action suit, the amount the complainant believes Facebook should owe is $15 billion.


It’s sometimes scary to think about just how much of your personal information Facebook holds. Too much, apparently, for a Facebook user who is suing the company in a class-action suit over violating its users’ privacy. Facebook is being accused of tracking data on its users even after users have logged out of the site.

“This is not just a damages action, but a groundbreaking digital-privacy rights case that could have wide and significant legal and business implications,” said David Straite, a partner at Stewarts Law, in an emailed statement to Bloomberg.

This lawsuit, filed on the 17th in San Jose, California, includes 21 other lawsuits also accusing Facebook of invading user privacy. According to the filing, by the U.S. Wiretap Act every Facebook user is owed up to $10,000 for over $100 per count of violation. Between Facebook’s over 800 million users, that’s somewhere in the ballpark of $15 billion that Facebook would owe. Considering Facebook’s impressive IPO, it’s… probably not entirely out of the realm of possibility, but $15 billion is a hard figure to swallow.



4:00 AM - May 20, 2012 - By Catherine Cai - Source : Venturebeat

Facebook Faces $15 Billion Class-Action Suit Over Privacy

Last edited by Tha 23rd Buchan; 05-20-2012 at 08:57 PM..
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Old 05-20-2012, 09:07 PMclass of -  - #2
evici1  space
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Bullsh*t, No Ones Gettin' 10k Bud
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Old 4 years agoclass of '11 - away - #3
2HIGHlife  space
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Old 05-20-2012, 09:24 PMclass of -  - #4
reese0809  space
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.....waiting for my cut. Thats enough to pay my car off and put a down payment on another one
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Old 4 years agoclass of '11 - away - #5
panelas 31 heat pts31 space
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this would be so awesome
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Old 4 years agoclass of '08 - away - #6
UnkleLuc_ 3 heat pts space
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im down
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Old 4 years agoclass of '04 - on now - #7
D1nOnlyMrM@ 37 heat pts37 space
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i say we spread the news





















ALL THE KENTUCKY FRIED CHICKEN AND WATERMELON ARE GOOOONNNNE
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Old 4 years agoclass of '05 - away - #8
GST  space
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*joins facebook
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Old 4 years agoclass of '04 - away - #9
doczdaname 26 heat pts26 space
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reese0809 said:
.....waiting for my cut. Thats enough to pay my car off and put a down payment on another one
why would you buy another car?
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Old 4 years agoclass of '08 - away - #10
shush456  space
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imma be ignorant and spend money like that 10 K is in the mail lol... i have a feeling if FB lost and had to really pay ppl would they still be fine money wise.. could b wrong
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Old 4 years agoclass of '08 - away - #11
shush456  space
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doczdaname said:
why would you buy another car?
u dont know we repeat foolishness? dude prolly think Twitter got a 20k check coming after that 10k up
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Old 4 years agoclass of '08 - away - #12
UnkleLuc_ 3 heat pts space
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doczdaname said:
why would you buy another car?


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Old 4 years agoclass of '05 - on now - #13
Sticks 145 heat pts145 space
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Wouldn't make sense that would be about 8 trillion dollars then no?
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Old 4 years agoclass of '04 - away - #14
J.BEEZY 9 heat pts space
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ill take that
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Old 4 years agoclass of '04 - away - #15
NaMeLeSs- 74 heat pts74 space
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this would create another housing bubble
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Old 4 years agoclass of '10 - away - #16
Cheesypoof 3 heat pts space
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NaMeLeSs- said:
this would create another housing bubble
troll or mentally retarded?
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Old 4 years agoclass of '06 - away - #17
youngral  space
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Doubt it happens but, if it does
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Old 4 years agoclass of '04 - on now - #18
UF4Soldier 119 heat pts119 space
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Tha 23rd Buchan said:

[pic - click to view]




A Facebook user is suing Facebook for violation of privacy issues. As a class-action suit, the amount the complainant believes Facebook should owe is $15 billion.


It’s sometimes scary to think about just how much of your personal information Facebook holds. Too much, apparently, for a Facebook user who is suing the company in a class-action suit over violating its users’ privacy. Facebook is being accused of tracking data on its users even after users have logged out of the site.

“This is not just a damages action, but a groundbreaking digital-privacy rights case that could have wide and significant legal and business implications,” said David Straite, a partner at Stewarts Law, in an emailed statement to Bloomberg.

This lawsuit, filed on the 17th in San Jose, California, includes 21 other lawsuits also accusing Facebook of invading user privacy. According to the filing, by the U.S. Wiretap Act every Facebook user is owed up to $10,000 for over $100 per count of violation. Between Facebook’s over 800 million users, that’s somewhere in the ballpark of $15 billion that Facebook would owe. Considering Facebook’s impressive IPO, it’s… probably not entirely out of the realm of possibility, but $15 billion is a hard figure to swallow.



4:00 AM - May 20, 2012 - By Catherine Cai - Source : Venturebeat

everyone knows facebook does this so does google sh*t even boxden ever notice how all the adds are for sh*t u just were looking at !
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Old 4 years agoclass of '06 - away - #19
Manny05 1 heat pts space
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Wow that would really help my school bill. And be able to buy a car
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Old 4 years agoclass of '04 - away - #20
Sam Rothstein 73 heat pts73 space
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An extra 10k would put me over that hump and maybe I could find a decent piece of property in a small town, somewhere close to a major city here in Florida. sh*t, I already have a car that's paid for, might not be a new model, but fu*k it I'm good.
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