Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Bold Ventures Closes $378,000 Non-Brokered Flow-Through Private Placement
Homerun Resources Inc. Announces Positive Results of Confirmation...
LaFleur Minerals Inc.Ideally Positioned for Significant Explorer-to-Producer Transition
RZOLV Technologies Appoints Mary Ellen Thorburn to the...
Locksley Commences Engineering Partner Selection Process for Its...
Providence Gold Mines Inc. La Dama de Oro...
Crypto Market Update: Strategy Urges MSCI Not to...
Standard Uranium Retains 100% Unencumbered Ownership of the...
Silver Dollar Completes Sale of Ranger-Page Silver-Zinc-Lead Project...
Syntholene Energy Announces Completion of Reverse Takeover
  • Business
  • Economy
  • Investing
  • Politics

Smart Trade Insights

Business

Texas AG wins $1.4B settlement from Facebook-parent Meta over facial-capture charges

by admin August 1, 2024
August 1, 2024
Texas AG wins $1.4B settlement from Facebook-parent Meta over facial-capture charges

Texas Attorney General Ken Paxton has won a $1.4 billion settlement from Facebook parent Meta over charges that it captured users’ facial and biometric data without properly informing them it was doing so.

Paxton said that starting in 2011, Meta, then known as Facebook, rolled out a “tag” feature that involved software that learned how to recognize and sort faces in photos.

In doing so, it automatically turned on the feature without explaining how it worked, Paxton said — something that violated a 2009 state statute governing the use of biometric data, as well as running afoul of the state’s deceptive trade practices act.

‘Unbeknownst to most Texans, for more than a decade Meta ran facial recognition software on virtually every face contained in the photographs uploaded to Facebook, capturing records of the facial geometry of the people depicted,’ he said in a statement.

As part of the settlement, Meta did not admit to wrongdoing. Facebook discontinued how it had previously used face-recognition technology in 2021, in the process deleting the face-scan data of more than one billion users. 

The settlement amount, which Paxton said is the largest ever obtained by a single state against a business, will be paid out over five years.

“This historic settlement demonstrates our commitment to standing up to the world’s biggest technology companies and holding them accountable for breaking the law and violating Texans’ privacy rights,’ Paxton said. ‘Any abuse of Texans’ sensitive data will be met with the full force of the law.”

A Meta spokesperson said in a statement that the company was ‘pleased to resolve this matter’ and that it looks forward to ‘exploring future opportunities to deepen our business investments in Texas, including potentially developing data centers.”

Paxton, an outspoken conservative who was nearly forced out as attorney general last year after he was impeached by the state’s House on abuse-of-power charges, has long railed against large tech companies while closely aligning himself with right-leaning figures in Silicon Valley like Elon Musk.

As a result, he has been floated as a potential U.S. attorney general in a second Trump administration, even as he still faces a federal investigation.

This post appeared first on NBC NEWS

previous post
Amazon is responsible for dangerous products sold on its site, federal agency rules
next post
Tesla recalls 1.8 million vehicles over unlatched hood issue

You may also like

McKinsey & Co. to pay $650M to settle...

December 18, 2024

JPMorgan Chase CEO Jamie Dimon on Trump tariffs: ‘Get...

January 24, 2025

Panera Brands CEO steps down; CFO to fill...

January 9, 2025

Super Micro’s $50 billion stock collapse underscores risk...

November 2, 2024

Bargain hunters drive Walmart sales and outlook higher

November 22, 2025

Ben & Jerry’s co-founder resigns, claiming parent company...

October 10, 2025

Nvidia CEO Huang sells $15 million worth of...

June 26, 2025

Fox streaming service to be called Fox One,...

May 13, 2025

Costco and Teamsters reach tentative contract agreement, avoid...

February 3, 2025

DOJ sues Walgreens, alleging it ‘knowingly’ filled millions...

January 20, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Bold Ventures Closes $378,000 Non-Brokered Flow-Through Private Placement

      December 12, 2025
    • Homerun Resources Inc. Announces Positive Results of Confirmation Testing by Minerali Industriali Engineering on the Santa Maria Eterna Silica Sand for the Manufacture of Antimony-Free Solar Glass

      December 12, 2025
    • LaFleur Minerals Inc.Ideally Positioned for Significant Explorer-to-Producer Transition

      December 12, 2025
    • RZOLV Technologies Appoints Mary Ellen Thorburn to the Board of Directors; Announces the Retirement of Darryl Yea

      December 12, 2025
    • Locksley Commences Engineering Partner Selection Process for Its Desert Antimony Mine

      December 12, 2025
    Promotion Image

    banner ads

    Categories

    • Business (915)
    • Economy (829)
    • Investing (3,450)
    • Politics (737)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smarttradeinsights.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 smarttradeinsights.com | All Rights Reserved