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Meta investors settle $8bn lawsuit with Zuckerberg over Facebook privacy

Meta investors settle $8bn lawsuit with Zuckerberg over Facebook privacy Mark Zuckerberg has agreed to settle a multibillion dollar lawsuit with a group of shareholders over how top executives at Meta handled repeated privacy violations by Facebook. The shareholders were seeking $8bn (£6bn) in damages. It is unclear how much they agreed to settle for. The settlement was announced on Thursday by a lawyer for the shareholders, just before the trial was about to enter its second day in a Delawar

Mark Zuckerberg and other Meta bigwigs just agreed to a settlement in $8 billion suit

Meta CEO Mark Zuckerberg, along with a group of current and former company directors and officers, just agreed to settle to end a trial that sought $8 billion in damages, according to a report by Reuters . Zuckerberg and the others will actually be paying out to Meta shareholders as a recompense for damages allegedly caused by allowing repeated violations of Facebook users' privacy. The parties have not disclosed the details of the settlement, but one would assume the payout was less than the $

Zuckerberg and Meta investors reach settlement in $8B privacy case

In Brief Mark Zuckerberg and other current and former Meta executives have settled a lawsuit filed by a group of shareholders. They were seeking $8 billion for the damage the executives caused the company by allowing repeated violations of Facebook users’ privacy in relation to the Cambridge Analytica scandal. The parties did not disclose details of the settlement, according to Reuters. Facebook shareholders filed a lawsuit against Mark Zuckerberg, former COO Sheryl Sandberg, and other execut

Threads is testing Facebook account sign-ups

The option is mentioned in a support article but doesn't appear to be widely available yet. Threads is testing letting you sign up with a Facebook account rather than an Instagram account. The new option, spotted by Social Media Today, doesn't appear to be widely available yet, but is already mentioned in a Meta support article. Besides making it easier for people who don't have an Instagram account to quickly create an account on Meta's X and Bluesky competitor, this new Facebook sign up opti

What Was Cyberpunk? In Memoriam: 1980-2020 (2020)

To wrap up our look at print sci-fi I am going to compare and contrast two books released in 2020 that both have much in common with Mirrorshades, but in very different ways:, Gibson’s (“””the father of cyberpunk”””) Agency and Miciah Johnson’s debut novel “The Space Between Worlds”. I am going to be a little mean to Gibson, but hopefully by the time you’ve read both summaries you’ll understand why. This section has also put me in the unfortunate position of trying to summarize these books so yo

What Was Cyberpunk? In Memoriam: 1980-2020

To wrap up our look at print sci-fi I am going to compare and contrast two books released in 2020 that both have much in common with Mirrorshades, but in very different ways:, Gibson’s (“””the father of cyberpunk”””) Agency and Miciah Johnson’s debut novel “The Space Between Worlds”. I am going to be a little mean to Gibson, but hopefully by the time you’ve read both summaries you’ll understand why. This section has also put me in the unfortunate position of trying to summarize these books so yo

Meta shareholders look to haul CEO Mark Zuckerberg, Sheryl Sandberg to court

Mark Zuckerberg is slated to make yet another high-stakes courtroom appearance this week as shareholders seek to hold him accountable for the more than $8 billion that Meta has spent to settle lawsuits over privacy violations. The trial, set to begin Wednesday in Delaware’s Court of Chancery, aims to hold Zuckerberg, former Meta COO Sheryl Sandberg and other former executives personally liable for the billions the company spent to resolve allegations that it failed to safeguard user data. Sh

Facebook creators who steal and repost videos could lose their monetization

Facebook is cracking down on accounts that steal and repost content from other users in an effort to reduce spam in feeds. Meta announced on Monday that creators who repeatedly reuse someone else’s videos, photos, or text posts will lose access to Facebook monetization programs for “a period of time,” and see reduced distribution of their posts on the platform. “Too often the same meme or video pops up repeatedly — sometimes from accounts pretending to be the creator and other times from differ

GameStop Might've Sold Your Purchase Data to Facebook: How to Claim a Piece of the Settlement

There's still time to claim part of GameStop privacy settlement. Have you bought something from video game retailer GameStop in the past five years? Did you have a Facebook account when you did so? According to an email I received awhile back, that includes me. If it includes you as well, you can claim your own piece of a brewing settlement from the company, and you've still got a few weeks to do so. Last month, GameStop agreed to pay $4.5 million to settle a class action lawsuit accusing it o

'There is a problem': Facebook and Instagram users complain of account bans

'There is a problem': Facebook and Instagram users complain of account bans Just now Share Save Graham Fraser & Imran Rahman-Jones Technology reporters Share Save Brittany Watson Brittany Watson started the petition calling for Meta to answer for banning people's accounts Facebook and Instagram users have been contacting the BBC complaining about having their accounts arbitrarily banned, and struggling to get them reinstated. Last week Meta - which owns the platforms - acknowledged a "technic

'There is a problem': Meta users complain of being shut out of their accounts

'There is a problem': Meta users complain of being shut out of their accounts 45 minutes ago Share Save Graham Fraser & Imran Rahman-Jones Technology reporters Share Save Brittany Watson Brittany Watson started the petition calling for Meta to answer for banning people's accounts Meta blamed a "technical error" when, last week, it admitted wrongly suspending some Facebook Groups. Since then, users of the world's most popular social media platform have got in touch with the BBC to say how, for

Facebook is asking to use Meta AI on photos in your camera roll you haven’t yet shared

Facebook is asking users for access to their phone’s camera roll to automatically suggest AI-edited versions of their photos — including ones that haven’t been uploaded to Facebook yet. The feature is being suggested to Facebook users when they’re creating a new Story on the social networking app. Here, a screen pops up and asks if the user will opt into “cloud processing” to allow creative suggestions. As the pop-up message explains, by clicking “Allow,” you’ll let Facebook generate new ideas

Facebook is starting to feed its AI with private, unpublished photos

is a senior reporter for The Verge, covering the Trump administration, Elon Musk’s takeover of the federal government, and the tech industry’s embrace of the MAGA movement. For years, Meta trained its AI programs using the billions of public images uploaded by users onto Facebook and Instagram’s servers. Now, it’s also hoping to access the billions of images that users haven’t uploaded to those servers. Meta tells The Verge that it’s not currently training its AI models on those photos, but it

Facebook is starting to feed its AI with private, unpublished photos

is a senior reporter for The Verge, covering the Trump administration, Elon Musk’s takeover of the federal government, and the tech industry’s embrace of the MAGA movement. For years, Meta’s trained its AI programs using the billions of public images uploaded by users onto Facebook and Instagram’s servers. But apparently, Meta has decided to try training its AI on the billions of images that users haven’t uploaded to those servers. On Friday, TechCrunch reported that Facebook users trying to p

The Social Network Part 2 in development, trades startup drama for whistleblowers and algorithmic chaos

Something to look forward to: One of the best movies ever made about the tech industry, The Social Network, is getting a quasi-sequel. The story of Facebook and Mark Zuckerberg will continue with original writer Aaron Sorkin returning. He will also be taking David Fincher's place behind the camera this time around. 2010's The Social Network, an adaptation of Ben Mezrich's book The Accidental Billionaires, follows the story of Facebook and creator Mark Zuckerberg's early days. It was nominated f

Meta admits wrongly suspending Facebook Groups but denies wider problem

Meta admits wrongly suspending Facebook Groups but denies wider problem 36 minutes ago Share Save Graham Fraser and Imran Rahman-Jones Technology reporters Share Save Getty Images Meta says it is "fixing" a problem which has led to Facebook Groups being wrongly suspended - but denied there is a wider problem with its platforms. In online forums, Group administrators say they have received automated messages stating, incorrectly, that they had violated policies so their Groups had been deleted

The Social Network Part II Is Coming and Aaron Sorkin Is Taking on a New Role

It’s been 15 years since The Social Network hit theaters, giving moviegoers an iconic look at the shady history of Facebook and Mark Zuckerberg. And after years of rumors about a sequel, it sounds like Part 2 is finally happening. Aaron Sorkin, the writer of The Social Network, is set to both write and direct The Social Network Part II, according to a new report from Deadline. The original movie was directed by David Fincher, known for movies like Fight Club (1999), Gone Girl (2014), and The Gi

Aaron Sorkin is making a second 'Social Network' movie

We're getting yet another Hollywood sequel. Deadline reports that Aaron Sorkin will be directing The Social Network II, a follow-up to the film that chronicled the development of Facebook and the ensuing lawsuit against Mark Zuckerberg. The next movie will take its inspiration from a 2021 investigation by The Wall Street Journal into the harms caused by Facebook and the company's failure to address those problems. Sorkin has a long career as a writer, including the screenplay for The Social Net

Aaron Sorkin is making a sequel to The Social Network

is a reporter focusing on film, TV, and pop culture. Before The Verge, he wrote about comic books, labor, race, and more at io9 and Gizmodo for almost five years. The Social Network is finally getting a sequel courtesy of Sony. Deadline reports that Sony is moving forward with The Social Network Part II, a “follow-up” to David Fincher’s 2010 feature about how TheFacebook went on to become one of the most singularly influential websites in internet history and made Mark Zuckerberg a billionaire

Facebook Group admins complain of mass bans — Meta says it’s fixing the problem

After a wave of mass bans affecting Instagram and Facebook users alike, Meta users are now complaining that Facebook Groups are also being impacted by mass suspensions. According to individual complaints and organized efforts on sites like Reddit to share information, the bans have affected thousands of groups both in the U.S. and abroad and have spanned various categories. When reached for comment, Meta spokesperson Andy Stone confirmed the company was aware of the issue and working to correct

Facebook Group admins complain of mass bans; Meta says it’s fixing the problem

After a wave of mass bans affecting Instagram and Facebook users alike, Meta users are now complaining that Facebook Groups are also being impacted by mass suspensions. According to individual complaints and organized efforts on sites like Reddit to share information, the bans have affected thousands of groups both in the U.S. and abroad and have spanned various categories. When reached for comment, Meta spokesperson Andy Stone confirmed the company was aware of the issue and working to correct

Digital Grave-Robbing: How AI Is Plundering Online Obituaries

My sister had only been gone for a few hours and the AI afterlife had already devoured her. Jamie went into the hospital with stomach pain on a Friday last January. By Tuesday morning, she had passed away from an aggressive lymphoma at 36. Later that afternoon, my mom got a text about a suspicious obituary my aunt saw online. The errors jumped out immediately. Her cause of death was listed as autism. The obituary chronicled a funeral that hadn't happened yet. The loss was described as saddenin

Facebook's new passkey support could soon let you ditch your password forever

NurPhoto / Contributor/Getty For all of us who hate passwords, passkeys represent a simpler and safer way of authenticating online accounts. But adoption has been slow, with many companies and websites still relying on passwords. Now the world's biggest social media platform is jumping on the bandwagon. On Wednesday, Facebook announced that it's now rolling out support for passkeys on mobile devices. This means you'll be able to use one to sign in to Facebook on an iPhone or Android device. Bu

Facebook's new passkey support could let you ditch your password once and for all

NurPhoto / Contributor/Getty For all of us who hate passwords, passkeys represent a simpler and safer way of authenticating online accounts. But adoption has been slow, with many companies and websites still relying on passwords. Now the world's biggest social media platform is jumping on the bandwagon. On Wednesday, Facebook announced that it will soon support passkeys on mobile devices. This means you'll be able to use one to sign in to Facebook on an iPhone or Android device. But the passke

Meta is finally adding passkey support for Facebook and Messenger

Meta is finally adding passkey support for Facebook and Messenger on mobile devices. This should make for more seamless logins, as a passkey lets people sign in by using the same data they already use to verify their identities on a smartphone. This includes stuff like a PIN code, a fingerprint or a quick face scan. This is not only convenient, but more secure than traditional passwords. Passkeys are resistant to many types of malicious attacks, as they can’t be easily guessed or stolen. This w

Facebook rolls out passkey support to fight phishing attacks

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Facebook is adding support for passkeys on its mobile app. That means you’ll be able to log into the platform using your device’s authentication method, like your fingerprint, face scan, or PIN, making it more difficult for bad actors to take control of your account. Passkeys offer a more secure alternative to typical passwords because they can’t b

Facebook will soon roll out support for passkeys on Android and iOS

Facebook is rolling out support for passkeys on both iOS and Android, the social network announced on Wednesday. Passkey logins make it harder for bad actors to remotely access your accounts because they require physical access to your phone. Unlike standard logins, passkeys use Face ID or Touch ID, a PIN, or a physical security authentication key to validate logins. Passkeys remove the need to rely on username and password combinations, which can be susceptible to phishing and other issues.

Meta is making all Facebook videos reels

is a news editor covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Meta is making a change to how sharing videos works on Facebook. Right now, you can share videos as a video from the post composer or as a reel, and both have different sharing workflows. In “the coming months,” however, “all videos on Facebook will be shared as reels,” according to a blog post. “Facebook remains a home for all types of video – short, long, and Live,” Meta sa

Facebook announces that all videos on its platform will soon be shared as reels

Facebook announced on Tuesday that all videos on its platform will soon be shared as reels, regardless of their length or orientation. Up until now, users have been able to share both video posts and reels. The company is also renaming the “Video” tab on its platform to the “Reels” tab. The update won’t change what videos are recommended to you, Facebook says. In the coming months, users won’t have to choose between uploading a video or reel, as it will automatically be shared as a reel. In add

Amazon and Walmart May Issue Their Own Company-Crypto

Retailers like Amazon and Walmart pay fees to credit card companies every time a customer uses their Visa or Mastercard. And it’s no secret that retailers are not happy with that chunk of change that gets siphoned off. But thanks to the emergence of digital money, these retailers are reportedly itching to get away from the big banks. In fact, they may even issue their own stablecoins, according to a new report from the Wall Street Journal. Amazon’s efforts to develop a stablecoin are still in t