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June 22, 2012

Facebook Still Trying to Settle "Sponsored Stories" Lawsuit

An update on the "Sponsored Stories" settlement, from the New York Times. Changes to the settlement agreement require that Facebook disclose to users that clicking "Like" will allow the company to use their "like"nesses to advertise a product. Users also have a chance to opt out, an action which could cost the company millions in ad revenue.

June 22, 2012 | Permalink

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