Judge Approves $9.5 Million Facebook ‘Beacon’ Accord

Remember that Facebook program "Beacon?" Well, the class action lawsuit filed over it has been settled for $9.5 million (of which the lawyers get $3M).

The case concerned allegations Facebook’s now defunct "Beacon" program breached federal wiretap and video-rental privacy laws. Terms of the settlement, in which Facebook denied any wrongdoing, require the site to finance what the deal calls a "Digital Trust Fund" that would issue more than $6 million in grants to organizations to study online privacy

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