It looks like Facebook might have to pay its users after a anger over questionable advertising on the social network turned into an full on lawsuit.
Over the past few years, you may have noticed that when you logged onto Facebook, you saw specific, very high-targeted advertising. And it would feature both your name, as well as your friends.
For example, an ad for “Target” might show an image of the company’s iconic logo. Beneath it, the ad would target (no pun intended) you to “like” their Facebook page or visit the company’s website by suggesting that three of your closets friends on Facebook already are “fans” of “Target.”
That kind of targeted marking didn’t sit well with Facebook users, and a handful of them filed a lawsuit against the social networking site in 2001.
Now, a settlement has been reached. And while you won’t get rich, Facebook will be offering up to $10 to anyone who was a part of the suit. So be sure to check your email in the coming days or weeks.
Still, it comes down to economics. So truly, the more people that join into the suit, the less money (if any at all) you’ll be eligible to receive.
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