Facebook parent Meta agrees to pay $90M to settle decade-old privacy lawsuit

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Facebook parent Meta agrees to pay $90M to settle decade-old privacy lawsuit
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Facebook parent company Meta will pay $90 million to settle a privacy lawsuit over its use of “cookies” in 2010 and 2011 that tracked people online. FOX13

for short, to reflect its commitment to developing the metaverse. CEO Mark Zuckerberg has described it as a "virtual environment" you can go inside, instead of just looking at it on a screen.

"We are grateful to the Ninth Circuit for its watershed ruling, and to Facebook for negotiating this resolution in good faith," David Straite, a fellow attorney for the plaintiffs, said in a statement. "This settlement not only repairs harm done to Facebook users but sets a precedent for the future disposition of such matters."

FILE - The Facebook logo is seen on an iPhone in this photo illustration in Warsaw, Poland on Dec. 17, 2020. , alleging the company unlawfully collected biometric data on Texans for commercial purposes without their informed consent.

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