Posted by on under settlement class, gamefly, beac, line privacy, fandango, adequate notice, facebook, overstock, ppos, party web, blockbuster, safety and security, axes, 5m, lawsuit alleging that, third party, acti |

alphadogg sends in a Network World piece that begins "Facebook has agreed to shut down a program that sparked a lawsuit alleging privacy violations, and set up a $9.5M fund for a nonprofit foundation that will support online privacy, safety, and security. The lawsuit centers around Facebook's Beacon program, which let third-party Web sites distribute 'stories' about users to Facebook. Beacon was launched in November 2007 and less than a year later plaintiffs filed a class action lawsuit 'alleging that Facebook and its affiliates did not give users adequate notice and choice about Beacon and the collection and use of users' personal information.' ... Facebook never admitted wrongdoing but as part of a proposed settlement the company began sending notices to Facebook users this week. The settlement provides no compensation directly to users who receive the notice. Facebook users can opt out of the settlement, and should do so if they wish to pursue further legal action against Facebook related to the Beacon program. 'If you choose to do nothing and remain in the settlement class, you will be legally bound by the settlement,' a FAQ on the settlement Web site says. "By doing nothing, you will be giving up the right to sue Facebook and the other Defendants over claims related to or arising out of the Beacon program.'" Other defendents included Blockbuster, Fandango, Overstock.com, Zappos.com, and Gamefly. Neither the article nor the settlement site mentions what part, if any, they play in the settlement.

Read more of this story at Slashdot.



Tagi: settlement class, gamefly, beac, line privacy, fandango, adequate notice, facebook, overstock, ppos, party web, blockbuster, safety and security, axes, 5m, lawsuit alleging that, third party, acti
Posted by on under beer boxes, beer cart, german students, germans, 5m, nbsp, productivity, efficiency |

This is doubtless the most productivity ever shown by a group of students standing within 5m of a beer carton. I guess Germans
are known for their efficiency, though.
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Tagi: beer boxes, beer cart, german students, germans, 5m, nbsp, productivity, efficiency
Posted by on under oscar buzz, th weekend, s gross, twitter, frank rich, gross sales, new york times, ticket sales, milli, stamina, 5m, box office |

The Social Network, which topped the box office in its opening weekend with
$23 million in ticket sales, has
won its second weekend on the big screen, with $15.5 million in sales. This brings the movie's gross sales in the first two weeks since its opening to just under $50 million. So why is this important? While there's been a drop in sales since last week's ticket sales, clearly the movie, which was produced by Sony Pictures, still has the stamina and buzz to top the box office for a second week in a row. More importantly, the movie has gained Oscar buzz,
overwhelmingly positive reviews from critics, and considerable
attention from the media. This weekend, New York Times columnist Frank Rich
called the movie "brilliant" in a piece about the intersection between Facebook, Twitter and politics.

Tagi: oscar buzz, th weekend, s gross, twitter, frank rich, gross sales, new york times, ticket sales, milli, stamina, 5m, box office
Posted by on under countrywide financial corp, subprime lending, american lawyer, securities fraud, abc news, wall street journal, countrywide financial, mortgage lender, breakaway, businessweek, co founder, cbc, news reports, reuters, 5m, forbes, wall street, news articles |

Tagi: countrywide financial corp, subprime lending, american lawyer, securities fraud, abc news, wall street journal, countrywide financial, mortgage lender, breakaway, businessweek, co founder, cbc, news reports, reuters, 5m, forbes, wall street, news articles
Posted by on under global toyota, fluid leak, japanese cars, cnn, washingt, largest auto, auto maker, thestreet com, financial times, brake fluid, bost, associated press, 5m, afp, nbsp, news articles, globe, toyota, tokyo |

Tagi: global toyota, fluid leak, japanese cars, cnn, washingt, largest auto, auto maker, thestreet com, financial times, brake fluid, bost, associated press, 5m, afp, nbsp, news articles, globe, toyota, tokyo