• Latest
  • All
  • Buzz
  • Sports
  • International
  • Technology
  • Startups
  • Business
  • Entertainment
  • Blockchain
  • Crypto
  • Funding
  • Devices
  • Bollywood
  • Hollywood
  • Health
  • COVID 19
  • Finance
  • ALERTS
  • Featured
  • Politics
  • Wildlife
  • Science
Facebook sue for data monetization

45 Million Facebook Users Sue for $3.7 Billion Over Data Monetization

January 31, 2023
Whatsapp Chat Lock

WhatsApp to Launch Amazing Lock Chat Feature For Android Beta Users

April 1, 2023
Stolen Antiques

[List] New York Museum to Return 15 Antiques to India in Gesture of Goodwill.

April 1, 2023
Resort Staff

Goa Crime: Resort Staff Arrested For Molesting Tourist and Attacked Local with Knife

March 31, 2023
Deadly Mosquito Coil

Deadly Mosquito Coil: 6 Killed in Delhi after Toxic Fumes Fill Room.

March 31, 2023
Nestle

Nestle Plans to Acquire Capital Foods for about $1 Billion

March 31, 2023
  • About Us
  • Advertise
  • Contact Us
Sunday, April 2, 2023
  • Login
The Buzz News Logo
  • Home
  • ALERTS
    Stolen Antiques

    [List] New York Museum to Return 15 Antiques to India in Gesture of Goodwill.

    Resort Staff

    Goa Crime: Resort Staff Arrested For Molesting Tourist and Attacked Local with Knife

    Deadly Mosquito Coil

    Deadly Mosquito Coil: 6 Killed in Delhi after Toxic Fumes Fill Room.

    NCB Seized 3195 Bottles

    NCB Arrested 5 and Seized 3195 Bottles of Codeine-Based Cough Syrup

    Kerala Protest

    Idukki Shutdown For Wild Elephant: Kerala Locals Protest Against Court’s Decision not to Permit Wild Elephant Capture.

    Trending Tags

    • BUZZ
      Stolen Antiques

      [List] New York Museum to Return 15 Antiques to India in Gesture of Goodwill.

      Resort Staff

      Goa Crime: Resort Staff Arrested For Molesting Tourist and Attacked Local with Knife

      Deadly Mosquito Coil

      Deadly Mosquito Coil: 6 Killed in Delhi after Toxic Fumes Fill Room.

      NCB Seized 3195 Bottles

      NCB Arrested 5 and Seized 3195 Bottles of Codeine-Based Cough Syrup

      Kerala Protest

      Idukki Shutdown For Wild Elephant: Kerala Locals Protest Against Court’s Decision not to Permit Wild Elephant Capture.

    • Blockchain
      • Crypto
    • Business
      • Finance
    • Entertainment
      • Bollywood
      • Hollywood
    • International
      • Politics
      • Sports
    • Startups
      • Funding
    • Technology
    • Web Stories
    No Result
    View All Result
    The Buzz News Logo Sticky
    • Home
    • ALERTS
      Stolen Antiques

      [List] New York Museum to Return 15 Antiques to India in Gesture of Goodwill.

      Resort Staff

      Goa Crime: Resort Staff Arrested For Molesting Tourist and Attacked Local with Knife

      Deadly Mosquito Coil

      Deadly Mosquito Coil: 6 Killed in Delhi after Toxic Fumes Fill Room.

      NCB Seized 3195 Bottles

      NCB Arrested 5 and Seized 3195 Bottles of Codeine-Based Cough Syrup

      Kerala Protest

      Idukki Shutdown For Wild Elephant: Kerala Locals Protest Against Court’s Decision not to Permit Wild Elephant Capture.

      Trending Tags

      • BUZZ
        Stolen Antiques

        [List] New York Museum to Return 15 Antiques to India in Gesture of Goodwill.

        Resort Staff

        Goa Crime: Resort Staff Arrested For Molesting Tourist and Attacked Local with Knife

        Deadly Mosquito Coil

        Deadly Mosquito Coil: 6 Killed in Delhi after Toxic Fumes Fill Room.

        NCB Seized 3195 Bottles

        NCB Arrested 5 and Seized 3195 Bottles of Codeine-Based Cough Syrup

        Kerala Protest

        Idukki Shutdown For Wild Elephant: Kerala Locals Protest Against Court’s Decision not to Permit Wild Elephant Capture.

      • Blockchain
        • Crypto
      • Business
        • Finance
      • Entertainment
        • Bollywood
        • Hollywood
      • International
        • Politics
        • Sports
      • Startups
        • Funding
      • Technology
      • Web Stories
      No Result
      View All Result
      The Buzz News
      No Result
      View All Result
      Home Technology

      45 Million Facebook Users Sue for $3.7 Billion Over Data Monetization

      by Daman Jain
      January 31, 2023
      in Technology, Business
      Reading Time: 3 mins read
      Facebook sue for data monetization

      Source: News Week


      The Buzz News on Google News

      Share on FacebookShare on TwitterShare on WhatsApp

      Facebook faces a massive action over the lawsuit by around 45 million British users over data monetization. On Monday, the social media giant Meta asked the tribunal to block the collective case of approximately $3.7 billion over the allegation of monetizing users’ data due to its dominant position in social media.

      45 Million Facebook Users Sue for £3 Billion

      Facebook Sued for $3 Billion
      Source: Kinsta

      Read Also: Baidu to Launch Chinese ChatGPT-style AI Bot in March

      RelatedPosts

      WhatsApp to Launch Amazing Lock Chat Feature For Android Beta Users

      Nestle Plans to Acquire Capital Foods for about $1 Billion

      Meta – The Parent Company of Facebook is facing mass action because of the lawsuit on behalf of these 45 million Facebook users from Britain only.

      Liza Lovdahl Gormsen, who is managing the case on behalf of the general public, has accused Facebook, saying that the users are not compensated enough by the social media company for using users’ data. Further, their lawyers said that if Facebook was not in the social media circle’s dominant position, users could get proper compensation for using their economic values for this platform.

      On the counter, Meta has said that the claim is without any solid grounds and should not be allowed to proceed. Further stated that the opposition is forgetting the economic values that Facebook provides to overall users.

      On Monday, the lawyers of Lovdahl Gormsen asked to certify the case under the UK’s collective proceedings regime. This regime is roughly equalling the United State‘s class action regime. But it has still not been approved as the tribunal has to decide whether they are going with the collective proceeding or with an individual one. Tribunal has to verify whether the individual cases can fulfill the values in coordinated proceedings.

      Ronit Kreisberger, one of the representatives for Lovdahl Gormsen, has told the tribunal that the data practices by the Meta have violated the prohibition on abusive conduct because of its dominance in the social media market. So Meta has to come to the trial and answer for it, and it is without a doubt that Facebook’s parent Meta has to answer for its data monetization practices.

      Counter By Meta – Facebook’s Parent Company

      45 Million Users Sued Facebook
      Source: Arab News

      Countering this, Meta’s officials said they completely ignore the economic values provided by the services of Meta and its subsidiaries companies. The case is without any merit and should not allow for the proceedings.

      Further updates are still pending from the tribunal about how they will proceed with these arguments.

      However, what do you think this case should be allowed for the proceedings? And are you ok with facebook’s data monetization practices? It has been reported that one must provide economic data to use this social network. Are you alright? We will be happy to have your opinions on this.

      Tags: Data MonetizationFacebookMeta
      ShareTweetSend
      Previous Post

      OnePlus Teases OnePlus 11 Launch Event: Sets to Redefine the Flagship Smartphone

      Next Post

      Suicide Bombing in Pakistan Mosque 87 Died

      Next Post
      Suicide Bombing

      Suicide Bombing in Pakistan Mosque 87 Died

      Alibaba Share Crash

      $23 Billion Loss: Alibaba Shares Fall in Market Shakeup

      0 0 votes
      Article Rating
      Subscribe
      Login
      Notify of
      guest

      guest

      0 Comments
      Inline Feedbacks
      View all comments

      RECOMMENDED

      Stolen Antiques
      Featured

      [List] New York Museum to Return 15 Antiques to India in Gesture of Goodwill.

      April 1, 2023
      The Buzz News on Google News

      Categories

      • ALERTS (52)
      • Blockchain (5)
      • Bollywood (4)
      • Business (79)
      • Buzz (104)
      • COVID 19 (3)
      • Crypto (9)
      • Devices (6)
      • Entertainment (13)
      • Featured (66)
      • Finance (22)
      • Funding (21)
      • Health (6)
      • Hollywood (10)
      • International (70)
      • Politics (28)
      • Science (5)
      • Sports (9)
      • Startups (7)
      • Technology (71)
      • Wildlife (11)

      TRENDING

      Mass Shooting in Monterey Park

      Mass Shooting in Monterey Park, Los Angeles, Leaves Multiple Dead

      January 22, 2023
      FAA Outage

      FAA Outage: Over 1200 US Flights were Delayed due to System Down.

      January 11, 2023
      Social Networking App

      Unleashing the Power of Meta: A Decentralized Social Networking App for Seamless Communication!

      March 10, 2023
      The Buzz News Header Logo Transparent

      This website follows the DNPA Code of Ethics.

      TOPICS

      • ALERTS (52)
      • Blockchain (5)
      • Bollywood (4)
      • Business (79)
      • Buzz (104)
      • COVID 19 (3)
      • Crypto (9)
      • Devices (6)
      • Entertainment (13)
      • Featured (66)
      • Finance (22)
      • Funding (21)
      • Health (6)
      • Hollywood (10)
      • International (70)
      • Politics (28)
      • Science (5)
      • Sports (9)
      • Startups (7)
      • Technology (71)
      • Wildlife (11)
      • About
      • Contact
      • Advertise
      • Privacy
      • Disclaimer

      © 2023 The Buzz News | All Rights Reserved
      A venture of Orcapex Media

      No Result
      View All Result
      • Home
      • ALERTS
      • BUZZ
      • Blockchain
        • Crypto
      • Business
        • Finance
      • Entertainment
        • Bollywood
        • Hollywood
      • International
        • Politics
        • Sports
      • Startups
        • Funding
      • Technology
      • Web Stories

      © 2023 The Buzz News | All Rights Reserved
      A venture of Orcapex Media

      Welcome Back!

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      wpDiscuz
      0
      0
      Would love your thoughts, please comment.x
      ()
      x
      | Reply
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.