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Chewing the Fat with Jeff Fisher

Rough One Dude… | 4/20/23

Chewing the Fat with Jeff Fisher

Blaze Podcast Network

News, News Commentary, Daily News, Society & Culture

4.92.1K Ratings

🗓️ 20 April 2023

⏱️ 43 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

And now, chewing the fat with Jeff Fisher.

0:05.9

Last year, we talked about Meda Facebook agreeing to a settlement over the Cambridge Analytica

0:13.8

case.

0:14.8

Now, they agreed to this settlement without admitting any wrongdoing.

0:19.5

Oh, okay, and that's the big takeaway from the announcement.

0:24.6

The settlement was for $725 million.

0:30.3

The scandal was about Cambridge Analytica and other third parties.

0:37.5

Meda Facebook gave access to private user information and misleading users about its

0:44.3

privacy practices.

0:46.6

So you have now, if you were a Facebook user or have an active account now, sometime

0:53.3

between May 24, 2007 and December 22, 2022, you're eligible to be part of this settlement

1:02.4

class, even if you've already, even if you've since deleted your accounts, okay?

1:08.4

So there's, it's not clear now how much of, how much settlement you're going to get.

1:13.9

I mean, you may get five bucks, but, or you may get, you know, a few thousand dollars.

1:20.5

The fund is going to be distributed to class members who submit valid claims based on

1:25.6

how long they had an active Facebook account during the relevant period.

1:31.4

So they have a link here to who file your complaint, I mean, submit your claim and, you know,

1:39.0

take a shot.

1:40.0

I mean, I'm thinking, look, 87 million people are not going to claim, put in a claim for

1:47.1

this class action settlement, right?

1:50.2

So you got to figure what, even if it's, even if it's 50, if it's 50 million, all right?

1:56.6

50 million goes into 725 million, what, a little over 14 times.

...

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