Elliot Schrage

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Facebook to pay out $10 million to settle 'Sponsored story' lawsuit

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Facebook has agreed to pay out $10 million to settle a class action lawsuit brought by users unhappy over the use of their details in Sponsored Story ads.

VIDEO: Awkward! Facebook VP stumped by BBC question

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Elliot Schrage, Facebook's VP Public Policy, was struck dumb by BBC reporter Emily Maitlis when she quizzed him about the ethics of "Sponsored Stories" on Facebook in a television documentary shown this weekend in the UK.