Meta to Pay $1.4 Billion Settlement in Texas Over Facial Recognition Technology
Meta's Settlement with Texas
Meta has entered a settlement agreement with the state of Texas, agreeing to a payout of $1.4 billion over five years due to issues surrounding its facial recognition system. The initial payment of $500 million is scheduled for next month. This case was led by Texas Attorney General Ken Paxton and underscores the challenges companies face in adhering to biometric regulations.
Key Points of the Settlement
- Total Settlement Amount: $1.4 billion
- Payment Timeline: Over five years
- First Payment: $500 million due next month
This settlement marks a critical moment in addressing potential violations of privacy by tech giants concerning their use of facial recognition technology.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.