Facebook Meta To Pay $1.4 Billion to State of Texas in United States to Resolve Lawsuit of Meta Illegally Collecting Biometric Data in Texas Without Consent Using Facial-Recognition Technology, Texas 2009 Biometric Privacy Law Allows Damages of $25,000 Per Violation, Meta Paid $650 Million in 2020 to Settle Biometric Privacy Class Action in Illinois State
2nd August 2024 | Hong Kong
Facebook parent Meta has agreed to pay $1.4 billion to the state of Texas in United States to resolve lawsuit of Meta illegally collecting biometric data in Texas without consent using facial-recognition technology. Texas 2009 biometric privacy law allows damages of $25,000 per violation. In 2020, Meta had paid $650 million to settle a biometric privacy class action in Illinois state (United States). Meta has a current market value of $1.23 trillion, and reported $39 billion net income in 2023. Facebook was founded in 2004 (TheFacebook) by Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes, and renamed to Facebook in 2005 (bought domain facebook.com for $200,000). Facebook IPO in 2012, and renamed the company to Meta in 2021.
“ Facebook Meta To Pay $1.4 Billion to State of Texas in United States to Resolve Lawsuit of Meta Illegally Collecting Biometric Data in Texas Without Consent Using Facial-Recognition Technology, Texas 2009 Biometric Privacy Law Allows Damages of $25,000 Per Violation, Meta Paid $650 Million in 2020 to Settle Biometric Privacy Class Action in Illinois State “
Facebook Meta To Pay $1.4 Billion to State of Texas in United States to Resolve Lawsuit of Meta Illegally Collecting Biometric Data in Texas Without Consent Using Facial-Recognition Technology, Texas 2009 Biometric Privacy Law Allows Damages of $25,000 Per Violation, Meta Paid $650 Million in 2020 to Settle Biometric Privacy Class Action in Illinois State
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2024 Investment Day
- March 2024 - Hong Kong
- March 2024 - Singapore
- July 2024 - Hong Kong
- July 2024 - Singapore
- Sept 2024 - Hong Kong
- Sept 2024 - Singapore
- Oct 2024 - Hong Kong
- Nov 2024 - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit