Illinois users reach $550M settlement with Facebook over illegal collection and storage of biometric data

In a statement Facebook Inc said, it has in principle reached a $550 million settlement related to a lawsuit that claimed the social media giant had illegally collected and stored biometric data for millions of users without their consent. The lawsuit was filed in 2015 with Illinois users dragging Facebook to court for violating the…

Third party contractors transcribed Facebook’s audio data

Tech companies are coming under increasing scrutiny over data privacy issues revolving around their voice assistants. According to a report from Bloomberg which cites sources familiar with the matter at hand, Facebook Inc has been paying outside contractors to transcribe audio clips from subscribers of its services. In a statement, Facebook confirmed that it had…