US Markets
FB

Facebook raises settlement to $650 mln in facial recognition lawsuit

Credit: REUTERS/DADO RUVIC

Facebook Inc raised its settlement offer by $100 million to $650 million related to a lawsuit that claimed it illegally collected and stored biometric data for millions of users without their consent, the company said on Friday.

July 31 (Reuters) - Facebook Inc raised its settlement offer by $100 million to $650 million related to a lawsuit that claimed it illegally collected and stored biometric data for millions of users without their consent, the company said on Friday.

The social media giant reached a $550 million settlement in January regarding the same lawsuit, which started in 2015, when Illinois users accused the company of violating the state's Biometric Information Privacy Act in collecting biometric data. (Reporting by Akanksha Rana in Bengaluru; Editing by Shailesh Kuber) ((akanksha.rana@thomsonreuters.com; ; Twitter: @AkankshaRanaa;)) Keywords: FACEBOOK PRIVACY/LAWSUIT

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

FB

Latest Markets Videos

    Reuters

    Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

    Learn More