Facebook Settles Beacon Case: No More Beacon, But There’s a $9.5M “Privacy Fund”

Facebook tried to create a new form of advertising in 2007 with the launch of Beacon. In conjunction with a number of big-name brands, Beacon automatically tracked Facebook users action’s on other sites, then displayed that information to their friends back on Facebook. The program is now officially dead. A class-action lawsuit filed in 2008 has [...]

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