WTF?! The endlessly beleaguered facial recognition company Clearview AI is making news again. However, it's not over the startup's image scraping practices, which are questionable at best. This time, the company is attempting to keep itself out of bankruptcy by offering millions of plaintiffs in a privacy class action a stake in the company worth about 30 cents per claimant after lawyer fees.
In context: French authorities have imposed the maximum possible fine against Clearview AI, a biometric startup selling its controversial facial recognition technology to governments and law enforcement worldwide. The company must delete the data already acquired on French citizens or face an additional €100,000 fine per day.