• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Stock

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

by July 31, 2024
written by July 31, 2024

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
0 comment
0
FacebookTwitterPinterestEmail

previous post
AI ETFs – A New Way For Conquering the Financial World!
next post
Pompeo slams White House after report about Iran’s election meddling: ‘Weakness and appeasement’

related articles

Mortgage rates see biggest one-day drop in over...

September 5, 2025

Paramount mandates 5-day-a-week return to office ahead of...

September 5, 2025

Apple has survived Trump’s tariffs so far. It...

September 4, 2025

Trump family’s American Bitcoin makes stock market debut

September 4, 2025

Disney to pay $10 million to settle FTC...

September 4, 2025

Crash victims’ families prepare to make what could...

September 3, 2025

Amazon cracks down on Prime free shipping sharing

September 3, 2025

U.S. judge orders Google to share search data...

September 3, 2025

Kraft Heinz to split into two companies

September 2, 2025

Rhode Island’s ‘Taylor Swift Tax’ on vacation homes...

September 2, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Netanyahu to undergo major surgery after UTI diagnosis

    December 29, 2024
  • Cambodia to nominate Trump for Nobel Peace Prize for role in ending country’s conflict with Thailand

    August 2, 2025
  • Senate advances NDAA, teeing up final passage for annual defense policy bill

    December 17, 2024
  • Schumer claims Trump admin withholding Epstein files, threatens to sue

    August 15, 2025
  • Target says its holiday sales were better than expected — but its profits weren’t

    January 16, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,925)
  • Investing (634)
  • Stock (922)

Latest Posts

  • The dollar index was positive for the second day in a row

    July 19, 2024
  • Anthropic valued at over $61 billion in latest funding round

    March 3, 2025
  • US peace talks with Ukraine, Russia get underway in Saudi Arabia

    March 24, 2025

Recent Posts

  • UPS Q2 earnings prove it overpays its drivers, investors flee

    July 23, 2024
  • Where Trump’s Cabinet nominees stand in Senate confirmation process

    January 30, 2025
  • Trump envoy visits injured Ukrainian soldiers to deliver message, gets asked simple question

    February 22, 2025

Editor’s Pick

  • Trump begins second term in stronger position than the first: poll

    January 30, 2025
  • Trump AG nominee Pam Bondi advances to final Senate vote

    February 4, 2025
  • Rubio rips Venezuela’s Maduro as ‘narco-terrorist’ leader threatening US one year after disputed election

    July 27, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock