Sunday, January 23, 2022

SUGAR BUCKS Facebook users could EVER be handed out £50 for ‘illegal’ data collection

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FACEBOOK users could get around £50 each if the tech giant loses a lawsuit about claims that it has exploited Personal data.

Mark Zuckerberg’s tech empire Meta could be forced to pay £2.3billion in damages for 44million UK Facebook users.

The payment would apply to anyone who used the site at least once between 2015 and 2019.

The legal expert Dr. Liza Lovdahl Gormsen is leading the case and claims the firm’s terms and conditions are “unfair”.

She argues the company has abused its dominance and left the British with no choice but to accept its terms.

This allowed Facebook to make billions from user data without receiving monetary value in return, they say.

The academic is taking it to the Competition Appeal Tribunal.

“In the 17 years since its inception, Facebook has become the only social network in the UK where you can be confident of connecting with friends and family in one place,” she said.

“Facebook had a dark side, however – it abused its market dominance to impose unfair terms and conditions on ordinary Britons and gave it the power to exploit their personal data.

“I’m opening this case to secure billions in damages for the 44 million Brits whose data was exploited by Facebook.”

Their lawsuit is the first of its kind against Meta in the UK.

Facebook is said to have collected data both inside and outside of its own platform, using an advertising tool that allows other websites to monitor how users behave on their site.

Meta responded and said, “People access our service for free.

“They choose our services because we offer them value and they have meaningful control over what information they share and with whom on Meta’s platforms.

“We’ve invested heavily in developing tools to enable them to do this.”

In other news, personalized smart guns that can only be fired by verified users could finally be available to US consumers this year.

Tech giant Microsoft is trying to make the world more alert by introducing an “inclusiveness” checker in its Word software.

And federal antitrust proceedings against Meta, the company formerly known as Facebook, have given the green light.

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