Wellington, Aug. 27 (ANI): Social media giant Facebook's 20 million dollar lawsuit settlement has been reportedly approved by a US judge against the site's alleged breach of children's privacy through its 'Sponsored Stories' programme.
Plaintiffs had filed a lawsuit against Facebook accusing that its 'Sponsored Stories' programme shared users' 'likes' of certain advertisers with friends without paying them or allowing them to opt out.
It highlighted the tension between privacy concerns and Facebook's drive to monetize user content, Stuff.co.nz reports.
Facebook will now pay 20 million dollars to compensate class members and promise to give users control over their content being shared which the plaintiff lawyers estimate to have value of up to 145 million dollars.
The company had charged advertisers between January 2011 and August 2012 nearly 234 million dollars for the Sponsored Stories, which is an advertisement that appears on a member's Facebook page and generally consists of a friend's name, profile picture and an assertion that the person 'likes' the advertiser.
Child rights advocates had argued that no minors should have their content shared with advertisers.
However, the US judge, Richard Seeborg said that while not incorporating all features that some of the objectors might prefer, has significant value, the report added. (ANI)