A judge has now approved a new settlement from Facebook in a long running lawsuit, where Facebook will pay 615,000 of its users $15 each for using their names in Sponsored Stories without permission.
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The judge presiding over the "Sponsored Stories" lawsuit against Facebook has now rejected the company's proposed settlement of $10 million to charity and $10 million in legal fees.
A judge has questioned why Facebook is only paying $20 million in a proposed lawsuit settlement over its Sponsored Stories feature while not paying any money to the class action lawsuit's members.
Facebook is running ads, as well as its Sponsored Stories, for the first time on a third-party website. In this case, it's the site that's run by long time Facebook partner Zynga.
A class-action lawsuit has beaten Facebook into allowing users to opt out of Sponsored Stories, and could also cause significant financial ramifications for the site as well.
A new report claims that Facebook has settled a lawsuit concerning its "Sponsored Stories" and will pay $10 million to charity as part of the settlement agreement.
Facebook is getting ready to launch ads, or "sponsored stories", in the news feeds of its various mobile apps within a matter of weeks, according to a new report.
Facebook will begin placing ads, or what it calls "Sponsored Stories" in the main news feed of the company's web site starting in January 2012 as a new way to increase ad revenue.