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Stock impact report

Class action suit against Clearview AI cites Illinois law that cost Facebook $550M [TechCrunch Blog]

CDW Corporation (CDW) 
Last cdw corporation earnings: 2/6 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cdw.com
Company Research Source: TechCrunch Blog
Just two weeks ago Facebook settled a lawsuit alleging violations of privacy laws in Illinois for the considerable sum of $550 million Clearview made waves earlier this year with a business model seemingly predicated on wholesale abuse of public-facing data on Twitter, Facebook, Instagram and so on. If your face is visible to a web scraper or public API, Clearview either has it or wants it and will be submitting it for analysis by facial recognition systems. Just one problem: That’s illegal in Illinois, and you ignore this to your peril, as Facebook found. Facebook will pay $550 million to settle class action lawsuit over privacy violations The lawsuit, filed yesterday on behalf of several Illinois citizens and first reported by Buzzfeed News Not only that, but this biometric data has been licensed to many law enforcement agencies, including within Illinois itself. All this is allegedly in violation of the Biometric Information Privacy Act, a 2008 law that has proven to be remarkably Show less Read more
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