Meta Platforms Inc (NASDAQ:FB) reportedly is to pay US$90mln to settle a decade-long legal case accusing the owner of Facebook of tracking users even after they logged off from the social media site.
An agreement was filed on Monday in a Californian court and if approved by a judge, would end one of many suits against Meta surrounding privacy, according to the Business Times.
The suit, which represented people with active accounts between 2010 and 2011, said Facebook violated privacy rules by tracking users to other web pages to better target them with ads – contrary to assurances made by social media app at the time.
"Reaching a settlement in this case, which is more than a decade old, is in the best interest of our community and our shareholders and we're glad to move past this issue," Meta spokesperson Drew Pusateri told AFP, cited in the Business Times.
A Russian court rejected an appeal yesterday by Meta over a US$26mln fine for failing to delete content Russia deems illegal.