Zuck's Wallet Just Got Lighter: Facebook Users Are Cashing In Big Time!

Photo by Greg Bulla on Unsplash
Hold onto your digital wallets, Bay Area tech nerds! Meta is about to distribute some serious cash, and guess what? You might be in line for a sweet payday.
The Cambridge Analytica Comeuppance
Remember when Facebook got caught with its digital pants down during the Cambridge Analytica scandal? Well, karma’s finally coming around. The tech giant has agreed to a whopping $725 million settlement for questionable data sharing practices that left millions of users feeling violated.
Who Gets the Money?
If you used Facebook anytime between May 2007 and December 2022, congratulations - you’re potentially eligible. Over 19 million Americans filed valid claims, which means the payout might be smaller than initially hoped. Experts predict most users will receive between $25 to $30. Not exactly a tech windfall, but hey, that’s a fancy lunch in San Francisco!
The Payout Process
Payments are rolling out in batches over the next 10 weeks. You’ll likely receive your funds via Venmo, PayPal, Zelle, or a prepaid Mastercard. Pro tip: Check those emails from “facebookuserprivacysettlement.com” - it’s legit, not spam.
So sit back, relax, and enjoy your tiny slice of justice against Big Tech. Karl Marx would be proud.
AUTHOR: cgp
SOURCE: SF Gate