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Facebook settles lawsuit over its use facial recognition for $550 million

Shortpedia

Content Team
Image Credit: shortpedia

Facebook has settled a lawsuit over its use of facial recognition. Last year it agreed to stop turning on the tech to scan photos by default. During an earnings call on Wednesday afternoon to announce that Q4 profits grew to $7.3 billion giving it a profit of over $18 billion for 2019, CFO David Wehner gave a one-line mention to the fact that they have a settlement in principle to pay $550 million to resolve the suit.