Court approves Facebook beacon settlement

Facebook had announce the settlement last month but last week the Court approved the deal which has Facebook completely drop the program by which advertiser got access to users account for marketing purposes and pay a $9.5 million to set up a nonprofit foundation to “fund projects and initiatives that promote the cause of online privacy, safety and security.”

How will this settlement impact the lawsuits filed in Federal Court in Texas?  My guess is that Facebook will settle.

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