Meta Platforms to Pay $1.4 Bln to Settle Texas Lawsuit over Facial Recognition Data

Reuters07-30

July 30 (Reuters) - Meta Platforms has agreed to pay $1.4 billion to Texas to resolve the state’s lawsuit accusing the Facebook parent of illegally using facial-recognition technology to collect biometric data of millions of Texans without their consent.

The terms of the settlement, disclosed on Tuesday, marks the largest accord ever by any single state, according to the lawyers for Texas, whose legal team included the plaintiffs firm Keller Postman.

The lawsuit, filed in 2022, was the first major case to be brought under Texas' 2009 biometric privacy law, according to law firms tracking the litigation. A provision of the law provides damages of up to $25,000 per violation.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • ZawMoe
    07-30
    ZawMoe
    What the hell 😭  Keep drop 
Leave a comment
1
1