Generally, Facebook is making money off you (or at least trying) by collecting all your info and then parceling it all out for ads. But now the tables have turned, maybe kinda sorta. Thanks to an ongoing class action lawsuit, you may be entitled to up to 10 whole dollars from the social networking giant. Take that, Zuck! In October, Facebook agreed to a settlement about this whole Sponsored Stories issue, wherein they may have used your likeness in a Sponsored Story ad without your permission. The settlement set aside $20 million for you poor, wronged souls, and now Facebook is starting to get ready to pay it out. How do you know if you’re included? Well, if you got a super-legal-y it-almost-looks-like-a-scam email from Facebook about “LEGAL NOTICE OF SETTLEMENT OF CLASS ACTION,” you’re in.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.